Bob Cesca: The GOP Plot to Screw the Economy and the Middle Class
And yet they want to make the Bush tax cuts permanent, which would cost $678 billion dollars without paying for them — and that’s just the cost of the tax cuts going to the top two percent of earners. In other words, the Republicans want to spend $678 billion in further giveaways for the wealthiest two percent, and they don’t care whether it increases the deficit.
By the way, the Republicans also recently voted against and defeated an amendment to strip Big Oil of its $25 billion in subsidies. Just thought I’d pass that along. Put another way, $678 billion in tax cuts for the wealthy? No problem. Deficit-shmeficit! But $34 billion in unemployment benefits for an out-of-work middle class at a time when companies aren’t hiring (say nothing of the aforementioned bullet-points)? Evil! Instead, the Republicans want to give almost as much money to Big Oil in the form of corporate welfare during the worst oil spill in American history while telling unemployed middle class families to piss off.
Do we have a clear picture in terms of who and what the Republicans care about?
It surely isn’t fiscal discipline or the deficit. And it surely isn’t the middle class. The Bush tax cuts, if extended, would add $2 trillion to debt, so it’s not that either. Throw in another policy started by the Republicans — the war spending (more of which was passed yesterday without any worries about CBO scoring or making sure it’s deficit neutral) — and there’s the vast majority of your deficit and debt for the next ten years. Not the stimulus or the bailouts. The long term budget impact of the wars and the Bush tax cuts literally dwarf the stimulus.
via Bob Cesca: The GOP Plot to Screw the Economy and the Middle Class.
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