Republicans Want To “Boost The Economy,” Too. Really.
Most people don’t care about politics. Most people don’t take the time to read about the issues. Most people just glance at the headlines. That’s why this caught our eyes.
Republicans block a plan to boost economy? Wow.
The actual AP article reads: “The fate of $600-$1,200 rebate checks for more than 100 million Americans is in limbo after Senate Republicans blocked a bid by Democrats to add $44 billion in help for the elderly, disabled veterans, the unemployed and businesses to the House-passed economic aid package.”
These “rebate” checks are a joke, and the people who will be getting them are certainly not going to be boosting anything. They are low-wage earners who already pay little taxes.
The reason for this stimulus package is to help people hurt by the subprime meltdown. So, what is $1200 going to do for the economy? Recipients are either going to pay down some debt (if they’re smart), or more likely squander it. It happens. And from where will the government make up the $44B?
Once again, another example of Democrats being generous with other people’s money, instead of really addressing the problem: Creating an economic climate that spurs job creation through private innovation that contributes to new wealth creation. In short, capitalism.
If nothing else, we just hope you read the headline.
February 6th, 2008 at 11:14 pm
Its kind of like the 10,000 barrels of Oil reserve the great Climate Wizard Al Gore released to help out the 2.00 /gal crisis.
It musta took the country all of 10 minutes to burn that up once it was refined.
Politially however, one has to admire how brilliant a move that was.
Little measures for little minds to bring bring in big votes.
February 7th, 2008 at 4:38 pm
And Yahoo wonders why they are a disasterous failure in the marketplace. Not that Google is that much better than any other Lib luvfest…
May 12th, 2008 at 12:06 am
to our height. a scientist. I went accomplish the vast