There is no bigger national challenge right now than putting Americans pack to work, but little agreement on the magic formula that will create the consumer demand needed to jumpstart the economy and spark new hiring. Democrats favor more stimulus, Republicans argue for tax cuts and deregulation.
As I have written on numerous occasions, the evidence is squarely on the Democratic side of the argument. Spending on things like infrastructure, unemployment benefits, and food stamps is a more effective way to create jobs during the current downturn than tax cuts and deregulation.