Online Poll: Crapo, Risch Vote

13 comments on this post so far. Add yours!

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  Aerie on February 11 at 8:54 a.m.

  They should have gone even further and stopped this bill in its tracks. This spending will bankrupt our already fragile economic system. Driving down the value of the dollar can do nothing good at this point, which is exactly what will happen with a sudden influx of free money to the loafers at the bottom.

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  nic on February 11 at 8:59 a.m.

  “Driving down the value of the dollar can do nothing good at this point, which is exactly what will happen with a sudden influx of free money to the loafers at the bottom.”

  Are you proposing instead that we give the “sudden influx of free money” to the liars, frauds, and theives at the top? Or how about televangelists? Or China?

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  Transplanted_Texan on February 11 at 9:02 a.m.

  No. As bad as $800 billion is, it’s not as bad as the $2.9 trillion economic collapse we’re looking at. I don’t think it’s the government’s jo to fill that $3 trillion hole and stop the collapse, and in fact we need a recession given the way this economy was built up (two expensive wars, hundreds of millions in deficit spending, consumers saving an average of 0%, Wall Street smoke and mirrors, the executive pay gap, etc.) but the government can step in to prevent that recession from harming too many. I’m a deficit hawk, but if we’re not going to start paying the debt down this year, then I guess a $12 trillion debt isn’t all that different than an $11 trillion one. I just wish Congress had listened to CBO, Jeffrey Sachs, Paul Krugman, and a host of others and that this bill had had less ineffective tax cuts and more infrastructure and state spending, and green jobs.According to the CBO, “A one-time increase in federal purchases of goods and services of $1.00 in the second quarter of this year would raise GDP by [a low estimate of] $1.00 to [a high estimate of] $2.50 in total over several quarters.” The numbers on state assistance are identical. Middle and lower class tax-cuts, on the other hand, have a benefit of only $0.50 to $1.70, and tax cuts for the rich (every conservative Congressman’s favorite) are even worse at $0.10 to $0.50. Tax cuts may been an effective way to help the economy when the top tax bracket was above 50%, but anyone who thinks there’s no economic difference between a 50% rate and a 36% rate is just being foolish.

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  Transplanted_Texan on February 11 at 9:02 a.m.

  More here:
  http://waywardepiscopalian.blogspot.com/2009/02/worst-bill-ill-ever-support.html

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  Transplanted_Texan on February 11 at 9:06 a.m.

  *government’s job

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  Arch_Druid on February 11 at 9:14 a.m.

  About the only “right thing” that Crapo and Risch would have succeeded in doing would have been to satisfy the utterly ignorant among their base.

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  Sisyphus on February 11 at 9:43 a.m.

  Agreed TT. Good job.

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