Krugman, “What the centrists have wrought”: The short answer: to appease the centrists, a plan that was already too small and too focused on ineffective tax cuts has been made significantly smaller, and even more focused on tax cuts. Ian Welsh, Firedoglake: The Senate Bill is apparently $780...
Well, there you have it: President Obama has bent over to kiss GOP Congressional asses on the bailout bill and in return, GOP leadership made calls for their rank and file to vote against the bailout before they even met with Obama. Only one party is being reasonable here. If I were the President,...
http://www.youtube.com/watch?v=955Y3NJTRIE h/t Jed and Kyle (via IM) for the vid Heckuva job: Following up on Kyle’s post here, the NY Times reports that the US unemployment rate hit a 5 year high this week, and is now on par with Canada’s for the first time since 1982 (ppsh, that’s nice...
That’s the argument which John “I was against Bush’s tax cuts before I had to shamelessly pander to the right to become President” McCain offers against any economic plan Obama sets forth: “Sen. Obama’s tax increases will hurt the economy even more and destroy jobs...
At least one thing is pretty much settled, McCain’s trickle down, all the way. John McCain proposes a summer long suspension of the Federal Gas Tax in order to help ease the burden on us Americans whose wallets are being not just pinched, but outright mauled by skyrocketing fuel prices. But watch...