[lbo-talk] stimulus package

Wojtek Sokolowski swsokolowski at yahoo.com
Sat Jan 26 23:53:21 PST 2008


--- "B." <docile_body at yahoo.com> wrote:


>
>
> Stimulus package: What's in, what's not
> By The Associated Press
> Thu Jan 24, 5:39 PM ET
>
> Congressional leaders have reached a deal with the
> White house on a bipartisan economic stimulus
> package
> that is expected to move swiftly through Congress
> and
> give most tax filers rebates of $600 to $1,200.
>
> WHAT'S IN
>
> _Tax rebates: Checks of at least $300 for almost

---snip---
> WHAT'S OUT
>
> _Permanent tax cuts: Republicans conceded that their
> top priority would have to be left out.
>
> _Unemployment insurance: Democrats wanted to extend
> benefits past 26 weeks.
>
> _Food stamps: A boost for benefits.
>
> _Medicaid: Democrats gave up on including Medicaid
> payments to states.
>
> _Low-income heating subsidies: Democrats are
> surrendering the fight to include them.
>
> _Infrastructure spending: Spending on transportation
> or repair projects already under way is off the
> table.
>
> _Republicans dropped their proposal to let
> businesses
> suffering losses now reclaim taxes previously paid.

[WS:] To sum it up - tax cuts and zero social investment. Repugs gave up figments of their sick imagination, Dems gave up money that could have acually helped ordinary people. This is a Nigerian bank scam a la USA: the Repugs send a fake check and get a real one from Dems written on the backs of taxpayers. Fuck such bipartisanship and fuck the Democrat party - they are useless, they can not deliver anything even if they have the majority.

Wojtek

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