Oh, and here’s some free smokes. Now get on the bus.
President Junior, eager to show that he is doing something about the economic downturn is urging congress to give people free money. Well, he’s not putting it that way exactly, but just watch.
“By passing a growth package quickly, we can provide a shot in the arm to keep a fundamentally strong economy healthy, and it will help keep economic sectors that are going through adjustments, such as the housing market, from adversely affecting other parts of our economy.”
The president offered no specific details of the proposed package, but he did insist that it include tax incentives for business, “including small businesses, to make major investments in their enterprises this year.” Bush also said the economic package must include “rapid income tax relief” for consumers to “lift our economy at a time when people otherwise might spend less.”
A tax rebate is all well and good, if it goes to people who have actually paid taxes. That’s not how modern politics works, though. The Dim-O-Cracks want to make sure that any tax rebate goes to people who never pay taxes in the first place. And you can bet the spineless GOP will bend over and take it, as long as they think it will get them a few votes.
“We want to include people who pay taxes, not necessarily income taxes — a lot of lower income people pay payroll taxes,” said one aide. Another source stated flatly, “We’re not going to pass a bill in the House that doesn’t include low-income people.”
Sen. Charles Schumer, D-New York, said he was disappointed that Bush did not include stimulus-spending measures aimed at helping the disadvantaged such as extending unemployment benefits. Schumer said such spending initiatives would jump-start the economy faster than tax cuts alone.
“I think if we avoid any of the ideological fights, we could actually pass something so that it would take effect on March 1,” Schumer said.
So, as is their SOP, the Donks want to give even more away to the non-productive sectors of society, to guarantee that more of them will hop on the church bus and pull the lever for them in November.
What should really happen is nothing beyond implementing immediate tax cuts and making Junior’s previous tax cuts permanent. When politicians think they need to be seen as doing something, you know something bad is about to happen.
We’re going to have to collectively pay the price for a bunch of high-risk lending to a bunch of people who shouldn’t have been buying houses in the first place. Those chickens have come home to roost and they’re shitting up the place. No “tax rebate” free money giveaway to the same irresponsible population is going to stop that train from rolling until it’s done.
h/t Mrs. Holmes