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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (155715)2/26/2009 8:45:53 PM
From: TideGlider1 Recommendation  Respond to of 173976
 
That is why you are frequently in error. You don't recognize the truth.



To: Land Shark who wrote (155715)2/27/2009 12:23:11 AM
From: Hope Praytochange1 Recommendation  Respond to of 173976
 
Everyone agrees that some kind of fiscal stimulus might help the economy, and that running budget deficits is appropriate in a recession. The stage was thus set for the geckoPresident to forge a bipartisan consensus that combined ideas from both parties. A major cut in the corporate tax favored by Republicans could have been added to Demoratic public works spending for a quick political triumph that might have done at least some economic good.

Instead, geckoObama chose to let House Demorats write the bill, and they did what comes naturally: They cleaned out their intellectual cupboards and wrote a bill that is 90% social policy, and 10% economic policy. (See here for a case study.) It is designed to support incomes with transfer payments, rather than grow incomes through job creation.