Jack Lew was on Meet the Press this morning and if I understood him correctly, the most important thing Congress can do to get the economy growing again is to extend the payroll tax cuts. That's all he's got? Putting a few extra dollars in workers paychecks each week is going to get us back on track? If only.
He also said that now is not the time for austerity. Tell that to the millions of Americans who are forced into their own personal austerity measures because of the current economic conditions. Apparently, it doesn't matter to the government that its tax dollars are drying up. Trillion dollar deficit? No problem? It can always print more money. What I didn't hear David Gregory ask is when the heck is the time for austerity? When people are rioting in the streets like the Greeks?
Now David Gregory is interviewing Rick Santorum and "wants to focus on social issues". Of course, David Gregory wants to focus on social issues with Rick Santorum. Thankfully, Santorum doesn't take the bait.
We also learned that Jack Lew doesn't know how many votes are required in the Senate to pass a budget. It is a simple majority. There are 53 Dems in the Senate but the failure to pass a budget is the Republican's fault -- per Mr. Lew.
ReplyDeleteThe Dems are spinning while Rome (or Greece, or the U.S.) burns.
Do none of these idiots understand the basic priciples of ecomonics? Oh, how lucky to be a lib and actually believe that everything will be ok if we just spend more money! Wouldn't it be wonderful to live in lala land and actully believe that? None of my liberal friends even consider that an ecomonic crisis looms-------I truly do envy their naivity. Aunt Deb
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