The "Stimulus Package" will soon be law. Republicans in the Senate approved an amendment to extend benefits to 20 million low-income seniors and veterans, but rejected a Democratic proposal that would have doubled the income ceilings that apply to the rest of us. Under the Democratic alternative, the phasing out of benefits would have begun at $150,000 per person instead of the $75,000 adjusted gross income threshold that was approved today.
So now if anyone still had any doubts, the truth has come out. When they really need to get the economy moving again (like, say, in a critical Presidential election year...) the Republicans know that money needs to flow to the working and middle classes--and to only those classes. Supply siders: a bunch of hypocrites, all of them.
Thursday, February 07, 2008
Tricke-Up Theory
Posted by Dr. Strangelove at 5:39 PM
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Or, the Republicans know that when it comes to buying elections, small amounts of free money work better with poorer people.
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