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Tag Archives: Republicans
Republicans impeach Obama (SNL)
Republicans against tax cuts!
One of the interesting ironies about the economic stimulus bill that just passed is that by most any measure it is the largest tax cut in US history. It includes $282 billion in tax cuts over two years. In comparison, Bush’s largest tax cuts (in 2004/2005) totaled $231 billion. So why did the Republicans just […]
The Republican Economic Mistake
Two days ago I posted a story about a Republican Congressman who claimed that FDR caused the Great Depression though his deficit spending (“borrow and spend”) — which would have been a neat time-travel trick since FDR didn’t get elected until almost four years after the Great Depression started. But as we know, most “big […]
Republicans just can’t catch a break
That’s Just History?
According to Ohio Republican Congress-critter Steve Austria, FDR caused the Great Depression: When [President Franklin] Roosevelt did this, he put our country into a Great Depression. He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That’s just history. Unfortunately for the Republican version […]
Socialism for the Religious Right
My head is spinning because of an email that Mike Huckabee sent out to his followers that claims that the economic stimulus bill is “anti-religious”. His gripe is that the bill prohibits higher education construction grants to be used for “… modernization, renovation, or repair of facilities — used for sectarian instruction, religious worship … […]
So much for trickle down economics
According to new IRS data, during the first six years of the Bush presidency, the 400 richest Americans saw their average income double. At the same time, the average tax rate that they paid fell by a third, to 17.2%, the lowest rate since the IRS started tracking this data. Yes, that’s right, if you […]