Location: I have the new keys.
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 08-01-2008, 05:20 PM
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sdrawkcaB emaN wrote:

LTM wrote:

sdrawkcaB emaN wrote:

LTM wrote:

Not seein the problem ITT
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Did you see a problem with Bush's stimulus checks?
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Two things:
(1) Meant to stimulate the economy, when it was pretty obvious that it wouldn't do much at all
(2) No concrete source for all that goddamn money
Obama's plan is less about economic stimulation and more about relief meant to offset high gas prices.
It has a concrete source
It is therefore (a) honest, (b) fully funded
I.e., doesn't carry the same problems of Bush's rebate.
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Trying to find on the Obama website:
1) When the checks will go out?
and
2) When the windfall profits tax will be enacted, and how long it will take to pay for the $1000 checks to every family? Are we just going to expect a few hundred million/few billion dollar check at the end of this year?
These two questions don't even deal with the fact that basically its just a plan to subsidize oil companies, by giving Americans $1000 to sink back into what would inevitably be, higher gas prices.
Even if it can fund itself through this windfall profits tax, which is specious at best, how is this any different than writing government checks to artificially prop up a declining economy? Where's the long term solvency in this idea? |
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