Editorial: Stimulus talk can't prevent stock sell-off

Investors are seeing the economic stimulus plan as an election-year ploy that won't prevent a recession, as evidenced by Tuesday's stock sell-off, The Wall Street Journal said in an editorial. Tuesday's plunge is the strongest evidence yet the economy has entered a recession. "The real damage from this exercise in bipartisan self-delusion is the lost opportunity for a serious tax cut that would increase incentives for capital investment and risk-taking," the newspaper said.

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