is a government strong enough to take everything you have." Thomas Jefferson
The bailout is now up to $3 trillion dollars. You could have given $9000 to every man woman and child in America for that. So a family of 5 would have gotten a check for $45000.
Instead the Democratic party is creating a whole new group of entitlements rather than do the smart thing and reduce taxes. How about eliminate payroll taxes for 6 months including FICA?
I was as excited as anyone to see President Obama as our commander in chief but he is a complete dunce when it comes to the economy.
What an idiot.
Borrow money from Future American tax payments and give it to the taxpayers...
And what will you do with that?
Look... stop blaming this ion the Dems... IT was the Republicans who pushed thru the bank bailouts... with ZERO oversight and accountability.
It was the Republicans who WEAKENED federal regualtion and oversight to the point where greed and avarice sucked 3 TRILLION dollars out of circulation.
You know where that 3 trillion IS right now?
Its sitting in the offshore accounts of 400 of Bush's closest family friends and political supporters.
What do you think the chances are that we can get them to just GIVE IT BACK?
I just love that way gys like you just disregard the fact the Republican legislation, republican rule, has totally FUCKED the entire global economy.
You guys fucked up getting Bin Laden, fucked up iraq, fucked up our army, and fucked up our economy...
And now that the Democrats have to try and fix what you have broken... you start whining about entitlements.
Fact- no entitlement is in the bailout bill. NOT ONE.
Fact- Give taxpayers money and they will NOT buy things with it, they will pay off their debt with it... and that won't create ONE job.
Tax cuts ONLY benefit the people who STILL HAVE JOBS. It won't put ONE person back to work.
You want proof?
Compare you PRE-Bush era tax cut home value to your Post bush adminstration home value. Compare your PRE_Bush tax cut stock value to your Post Bush tax cut stock value.
For 8 years, no growth in real income for most Americans... no growth in real home value...
All just hyperbole and wild speculation... a house of cards.
ECON 101
To stimulate spending, you do not give money to people who already have enough money to live comfortably.
They don't HAVE to spend the money.
To stimulate the economy you give money to the lower income earners and create jobs that employ people who are out of work.
People earning less than $80,000 a year don't have a choice, they HAVE to spend nearly all the money they earn.
THose people BUYING things is what ramps up demand and gets CEOs to hire back laid off workers.
See?
It really is simple.
PLUS... by creating those jobs in sectors like Public works and infrastrsuture, the Federal government gets the BENEFIT of actually GETTING something for all tha money... namely, updated infrastructure.
Again, thanks top dipshit republicans since Reagan UNDERFUNDING infrastructure maintenance, we are a super power whose roads and damns and levees and electrical grids are crumbling into rubble.
Just more proof that the theory that "Government is the Problem" is believed only by numbskulls who CAN'T GOVERN.
I guess if you don't understand something... if its way over your head... the easiest thing to do is to deride it.
The Democrats are going to have to try and bring the nation BACK from the literal edge of the right wing precipice that YOU GUYS made happen.
They will not turn the nation "communist", they will turn the nation back to a balance of governmental authority OVER a regulated free market.
Oh, and, BTW- your evocation of Jefferson?
Jefferson was the one who insisted that the primary job of the federal government was to REGULATE commerce.
And he was in favor of regular revolutions- Jefferson would have been the one leading the charge to overthrow the Bush administration and the Republican led congress for violating the constitution.
Sorry- Republicans HAD their lock on power... and showed themselves to be the Corporate lapdogs and treasonous enemies of the constitution that they have evolved into.
You guys really need to come up with some other tactic than mindless opposition...
Try making FACT based arguments and admitting the difference between truth and spin.