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  #28  
Old 12-10-2011, 07:37 AM
thouartgob thouartgob is offline
 
Join Date: Oct 2006
Posts: 765
Default Who needs demand ?

Quote:
Originally Posted by badhatharry View Post
Temporary cuts to payroll tax... When will it return to normal? How will we recoup the loss to Social Security? Isn't Social Security already in trouble? That's why the Republicans are balking at this. And Obama and Harry Reid are using it to demonize them, of course.
Like the rehabilitation of neo-cons, the rehabilitation of Supply Siders is well under way it seems. Besides tying a relatively trivial amount of taxes from the uber-wealthy to pay for whatever length of time the payroll tax cut is for, the big problem for republicans is the idea of demand-side economics.

Give the rich the tax cuts they deserve and they will bless us with jobs, when they get around to it, maybe not in this country or not really at all.
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