Where did Reagen get the deficit spending money from to take us out of the 80's recession? Where did Bush get his deficit spending money from?
Seems like republicans only want details when it's the opposite side's idea... -Lance On Mon, Feb 9, 2009 at 12:59 PM, Jarrad Reiner <[email protected]> wrote: > Where are we going to get the money to pay for this bill?Obama just gonna > create the wealth is the power of his presence? > > Jarrad > > > > On Feb 9, 2009, at 3:43 PM, Lance McCulley wrote: > > *The Destructive Center* > By PAUL KRUGMAN > Published: February 8, 2009 > > >> What do you call someone who eliminates hundreds of thousands of American >> jobs, deprives millions of adequate health care and nutrition, undermines >> schools, but offers a $15,000 bonus to affluent people who flip their >> houses? >> >> A proud centrist. For that is what the senators who ended up calling the >> tune on the stimulus bill just accomplished. >> Even if the original Obama plan — around $800 billion in stimulus, with a >> substantial fraction of that total given over to ineffective tax cuts — had >> been enacted, it wouldn't have been enough to fill the looming hole in the >> U.S. economy, which the Congressional Budget Office estimates will amount to >> $2.9 trillion over the next three years. >> >> Yet the centrists did their best to make the plan weaker and worse. >> >> One of the best features of the original plan was aid to cash-strapped >> state governments, which would have provided a quick boost to the economy >> while preserving essential services. But the centrists insisted on a $40 >> billion cut in that spending. >> >> The original plan also included badly needed spending on school >> construction; $16 billion of that spending was cut. It included aid to the >> unemployed, especially help in maintaining health care — cut. Food stamps — >> cut. All in all, more than $80 billion was cut from the plan, with the great >> bulk of those cuts falling on precisely the measures that would do the most >> to reduce the depth and pain of this slump. >> On the other hand, the centrists were apparently just fine with one of the >> worst provisions in the Senate bill, a tax credit for home buyers. Dean >> Baker of the Center for Economic Policy Research calls this the "flip your >> house to your brother" provision: it will cost a lot of money while doing >> nothing to help the economy. >> >> All in all, the centrists' insistence on comforting the comfortable while >> afflicting the afflicted will, if reflected in the final bill, lead to >> substantially lower employment and substantially more suffering. >> > -- > http://www.nytimes.com/2009/02/09/opinion/09krugman.html?ex=1391922000&en=0b1f3226c2bef9ce&ei=5124 > > -Lance > > > > > > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Politically Opinionated Outspoken People Expounding Religion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/pooper?hl=en -~----------~----~----~----~------~----~------~--~---
