GOP: No more help for jobless, but rich must keep tax cuts

[sabra]

Source: McClatchy Newspapers

WASHINGTON -- Republicans almost unanimously oppose spending $33.9 billion for extended unemployment benefits for some 2.5 million people who've lost them, because they say it would increase federal budget deficits.

At the same time, they're pushing a permanent extension of Bush administration tax cuts, especially for the wealthy, which could increase federal budget deficits by trillions of dollars over the next 10 years.

How do they justify this?

"Tax policy is dynamic. If you have the right kind of tax reform, it helps generate a more dynamic economy," said Sen. Mike Crapo, R-Idaho, a member of the Senate Finance Committee, which writes tax law. While that may be true, even the Bush Treasury Department concluded that its tax cuts increase budget deficits.

Besides, wouldn't providing $33.9 billion to extend unemployment benefits to 2.5 million people help the economy?

"There's a distinction between taxes and spending," Crapo said. "We have a huge problem with a lack of spending restraint."



Read more: http://www.miamiherald.com/2010/07/15/1731943/gop-no-more-help-for-jobless-but.html

[chelsea0011]

1. Repulsive that they are holding ground on retaining tax cuts for the wealthiest 2%

[Imagevision]

7. Obama is holding ground on retaining tax cuts for the wealthiest 2%

[chelsea0011]

21. Hope you are wrong about that.

[BrklynLiberal]

2. When you live in BizarroRepuke world..it makes perfect sense.

[DJ13]

3. said Sen. Mike Crapo

The most perfect name ever for a Republican.
:spray:

[sabra]

4. +1

:thumbsup:

[Imagevision]

5. I thought Obama was going to tax those earning over $250,000 - what happened?

[Warpy]

6. Notice they never mention cutting the PENTAGON budget!

It's a five sided welfare office for all sorts of arms dealers, most of whom are Republican fat cat contributors.

I wonder what it will take for idiots to realize this party is their deadly enemy? I'd have thought enough brick walls would have fallen on them by now that they'd have noticed.

[BlancheSplanchnik]

8. definitely question of the century--how do they justify themselves?

I suspect they don't---the rest of the world just doesn't exist.


Crap on Crapo.

[cutlassmama]

9. Greed at it's finest n/t

[villager]

10. When the fuck will the jobless take to the streets!? The "two" parties need a little scare thrown

...into 'em...

[Bragi]

25. Never

Americans are the most docile people on the planet.

When you steal benefits and pensions from people in countries like Greece or France, at least people have the dignity to flood the streets with protests.

In America, you can take away peoples' jobs, steal their savings, foreclose on their homes, and most people will respond by blaming themselves for not working hard enough.

[Old and In the Way]

11. Here's how I think the Puke's play this out.

Unemployment benefits for permanent income tax and inheritance cuts. I hope the Democrats reject this linkage.

[RUMMYisFROSTED]

22. If the Bush tax cuts are extended I'm likely gone from the party.

It's one of the most asinine economic policies ever instituted.

[superconnected]

12. Crapo - perfect name for him.

[sam sarrha]

13. that tax cut only helps the richest 2.5% richest people.. here is who they are stitistically..>Link>

they are the Oligarchs..

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

Financial Wealth
Top ...1%..... Next 19%..... Bottom 80%

2007 42.7% ......50.3% ........7.0%

top 20% americans have 93% of all financial wealth..
they skim the cream and lick the bowl..

bottom kowtows for only 7%.. that is why there is a bad economy,
it cant operate on that little bit of money

time to end Fascism before it's too late, end Cooperate Campaign Contributions,
previously known as .."BRIBES".

END GOP FREE TRADE WEALTH DISTRIBUTION.

[fascisthunter]

14. sociopaths and their tools

I wonder what it is like to not have feeling for other people.... how empty and defective.

[ezmerelda39]

15. This makes

HYPOCRACY personified.

[guruoo]

16. If they were really serious about deficits, they wouldn't be calling for continuing tax cuts nt

[defendandprotect]

20. We need to overturn both Reagan and Bush tax cuts for wealthy . . .

dangerous domestic situation for infrastructure and for health of citizens --

[bergie321]

17. Is there really a Senator Crapo?

:hurts:

[daleo]

18. How's Mrs. Crapo and all the little Craps?

It's an old Jr High School joke, as we had a teacher with a similar name.

[defendandprotect]

19. Obama/Congress have had one or two opportunities to overturn them . . .

and didn't -- and there is talk that they will renew them!!!

[ohtransplant]

23. Money for the rich but not the poor (read former middle class)

This guy can't even offer a rational explanation why he believes as he does. That's because there's not a good answer!Double talk and code words is all they offer.

The deficit only seems to matter when the money is going for the common good. If the money goes to the top 1% deficits and debt don't matter. From unemployment insurance to social security the masses are under attack once more.

They want to steal from the poor and give to the rich. They have a record to stand on. I say the the dems tie them to it.

I strongly believe this is the key issue for this year's elections. Dem pols, their spokespeople and their strategists should pound on this inequity day-in and day-out in every venue possible.

[HCE SuiGeneris]

24. Parity in Amurika. n/t