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Kali[_2_] Kali[_2_] is offline
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First recorded activity by BoatBanter: Nov 2008
Posts: 37
Default Gregory Hall Socks up to praise himself.

In article , top-
posted like a maroon and said...


http://www.washingtonpost.com/wp-dyn...502766_pf.html

The Fierce Urgency of Pork

(...)


By Charles Krauthammer. What's the matter, you can't make the
argument yourself? Any comment on the (lack of) stimulus the Rethug
tax cuts would provide? You need to stop reading "GOP Sour Grapes"
and check with some real economists.

You can start with Nobel Prize winning Paul Krugman:

NYT Blog, February 6, 2009, 1:33 pm
What all but 5 Republicans support
"Thirty-six out of 41 Republican Senators voted for the proposed
DeMint amendment to the stimulus bill — a massive package of
permanent tax cuts that would create a huge hole in the budget,
while doing very little to help the economy.

There isn’t much room for bipartisanship when 87.8% of the other
party is totally irresponsible."

Latest spending cuts:
http://www.cnn.com/2009/POLITICS/02/...uts/index.html

"Bipartisan group of senators reaches compromise on stimulus bill

Items partially cut include funds for FBI construction, federal
hybrid cars, EPA

Items entirely cut include funds for federal prisons, NASA, school
construction"

On Sat, 7 Feb 2009 12:48:47 -0500, Kali wrote:

In article , -
says...
Way Back Jack wrote:

The shrewd ******* is hedging. If it fails, he can say that both sides
were for it. If it fails without support from the other side, his side
can kiss the 2010 and 2012 elections goodbye.


I predict another Dem sweep in 2010, as more and more middle class
people wake up and see the GOP for what it is, not what it says it
is. Stonewalling and whining about tax cuts is about all they're
good for right now, with a few exceptions: vulnerable Rethugs up for
reelection in 2010.

Are you trying to master stating the obvious?


Tax cuts != stimulus spending. Yet that's all the Repubs can come up
with. The Bush tax cuts were an Epic Fail, and they keep banging
that same drum. And they are opposed to productive spending that
will get the biggest return in terms of change in one year real GDP.

Compare these from Moody's Economy.com:

Lump sum tax rebate: 1.02
Temp across the board tax cut: 1.03
Temp payroll tax holiday: 1.29

Perm/extend AMT patch: .48
Bush tax cuts permanent: .29
Cap gains/div tax permanent: .37
Perm cut corporate tax rate: .30

Extend unemployment benefits: 1.64
Temp increase in food stamps: 1.73
General aid to state govt: 1.36
Increased infrastructure spending: 1.59

http://www.economy.com/mark-zandi/do...the-impact-of-
the-fiscal-stimulus.pdf

Get the money out to the people who will spend it now. Corporate tax
cuts? Epic Fail in terms of stimulus.
--
Kali


--
Kali