The real villains here are the sucker Conservadems.....

The real villains here are the sucker Conservadems.....

On Thursday, Democrats on the House floor were debating the jobs bill and what to do about the vote being several days late, when word came through to the House that the Senate had adjourned and left for Memorial Day break. Rep. Gerry Connolly (D-Va.) said, "People were astounded. I mean stunned. We're in the midst of this debate and trying to find a path to doing the right thing and the Senate went out on recess? Without addressing these issues?" According to data from the Department of Labor at the end of the week, 19,400 people will be stop getting help, and by the end of the following week, this number will climb to 323,400. The following week is 903,000 and by the end of the month, 1.2 million. While Republican obstruction is an obvious part of this, the real villains here are the sucker Conservadems that call themselves deficit hawks.

Back in the 70s a Republican strategist named Jude Wannisk came up with what he called the two Santa Claus theory: when Republican are in power they should cut taxes spend like drunken sailors and put it all on the national credit card - without ever mentioning a word about the deficit they were creating. This allows Republicans to be the tax cutting Santa Claus and the spending/stimulus Santa Claus. The minute Democrats get into power Republican then use every media at their disposal - from the Wall Street Journal editorials to Sunday News shows to speeches on the floor of Congress - to hysterically scream about the deficit and how important it is to cut spending immediately.

If they can get a few sucker conservative leaning Democrats to go along with them, then the Republicans are remembered as Santa Claus while the Democrats take all the heat for cutting benefits and entitlement programs and other spending. They dare not mention raising taxes because that would make them a double anti-Santa Claus' and they're already the spending cutting anti-Santa Claus. In this case the Blue-Dog Dems and a few others in the party who call themselves deficit hawks have stepped right into the Wanniski trap.

If they don't wake up soon, expect to see more anger at the Democrats and more Republican victories in November.

Comments

dwalker81's picture
dwalker81 4 years 20 weeks ago
#1

With all the discussion on Ed's show about 99er's, I have been wondering to myself why crime has not shot through the roof.

"According to data from the Department of Labor at the end of the week, 19,400 people will stop getting help, and by the end of the following week, this number will climb to 323,400. The following week is 903,000 and by the end of the month, 1.2 million."

Well, there is my answer. And here it comes.

It is a sad day in our nation when we have conservatives calling people lazy who have worked for decades, contributed taxes and unemployment benefits during that time, and have proven they are more than willing to participated in the day in and day out of stagnant wages, dead end jobs, and small prospects for the future.

Thank you for your efforts to our economy and our society for the last decades, but after 99 weeks, we have to cut you off?

Tanquera1's picture
Tanquera1 4 years 20 weeks ago
#2

What I am most curious about is the closing of the tax loophole. Will it really bring jobs back to the U.S.? I have heard that some factories closed down and moved overseas in one month. They can come back that quickly if the loophole is closed. The effect on our economy would be so positive that perhaps the bill will pay for itself after all. I just want to know if it really will close the loophole and make it worthwhile to come back.

Tanquera1's picture
Tanquera1 4 years 20 weeks ago
#3

I also agree with the dwalker81 comment that stopping benefits for working people is a poor way to treat our fellow citizens.

Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

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