After almost two years of offering little in the way of alternative solutions, the GOP finally gives their best:
According to Think Progress' Wonk Room:
In fact, extending the Bush tax cuts provides just 10 to 40 cents in economic activity for every dollar spent, compared with up to $1.20 for a dollar spent on infrastructure. As CBO said: "a permanent extension [of the Bush tax cuts] would entail large revenue losses after the recovery is over, so its effects on output and employment in the next few years per dollar of total budgetary cost would be much lower."
In typical selfish fashion, Republicans opt to protect their own interests rather than those of the constituents who elected them. It also shows blatant mockery of the level of public intelligence, which is erroneously and yet gleefully touted as
"the will of the people."
Thursday, September 9, 2010
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