How much does a tax cut stimulate people who lost their job?
It’s already been a lousy year for workers less than a month into 2009 and there’s no relief in sight. Tens of thousands of fresh layoffs were announced Monday and more companies are expected to cut payrolls in the months ahead.
Lots of lucky duckies at places like Sprint, GM, Caterpillar and Pfizer.
Seriously, I want these Republican Congress-critters who represent some of these districts to go home and tell their constituents they simply must increase the percentage of tax cuts in the stimulus bill, even as job losses mount. They might run into some actual “real” Americans going “WTF are you talking about, I just lost my job and my house!”
Everyone knew the GOP wouldn’t be satisfied with 40% of the package, even though they are in the minority. Enough of this bipartisan artifice, it’s not anything people outside Washington, D.C. care about very much, if at all.
We need to do what we need to do, and if Republicans don’t like it, they can bring it up at the next election.