On Thursday, the newly emboldened, self-congratulatory, and Wall Street-subsidized House Republicans "torpedoed a bill to extend benefits for the long-term unemployed" (The Washington Post). Just get an eyeful of this Old Boy's (Hair) Club (For Men):
It seems that the $12 billion price tag of intervening on behalf of those teetering on the brink of total bankruptcy and ruin is too steep for these steely-eyed Protectors of
They just saved America $12 billion. Phew! I'd be drinking me some coffee, too. It's a tough job, pulling our nation back from the brink of financial apocalypse, but somebody's gotta do it.
Of course, the Bush Tax Cuts for the ultra-wealthy cost the nation $3 trillion (Alexander Stille), and that's only over the first eight years of the cuts' existence! Were those cuts to expire on schedule, as the Dems are apparently going to be too weak-kneed to insist—which, by the way, is insane, depressing and humiliating...if ever there were an issue on which the Dems should refuse to compromise....—"the projected cost of the Bush tax cuts to the federal budget over the next ten years is $3.9 trillion, an average of 1.4 percent of the country’s total economic activity (GDP) per year" (CAP). If the Republicans and their conservative Democrat accomplices succeed in actually extending the the tax cuts for the ultra-wealthy, the resulting drain on the US deficit would be an additional $4 million!
But, like I said, the Republicans should be proud of themselves that they've once again succeeded in cynically screwing over the struggling American families that are most vulnerable by sparing the US deficit that whopping $12 billion.
1 comment:
It amazes me how poor people vote for those assholes.
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