Posted on 10/21/2009 1:06:56 PM PDT by markomalley
It looks like another stimulus package. It sounds like a stimulus package. It spends like a stimulus package. Her economic advisers are even calling it another stimulus. But Speaker Nancy Pelosi (D-Calif.) insists her plans for a host of new spending is not a stimulus package.
Thats not what were doing, Pelosi said Wednesday when asked if there would be a Stimulus Two. Instead, the new spending and tax cuts will move in a series of bills, she said, instead of one big bill.
We do not have a plan for an additional stimulus package, but we do have plans to stimulate the economy, Pelosi insisted.
After trotting out a handful of economists who each backed another stimulus package, Pelosi said Democrats would consider a host of ideas to spend more money and cut taxes next year.
(Excerpt) Read more at rollcall.com ...
Half truths...
how about “grift” ?
Because economic cyanide is far easier to swallow in 25 milligram doses.
“Instead, the new spending and tax cuts will move in a series of bills, she said, instead of one big bill.
Death by a thousand cuts.
They have already looted the country, what they are doing now is just squeezing out the last few dollars.
Instead, the new spending and tax cuts will move in a series of bills, she said, instead of one big bill.
Nancy will do or say anything to keep her big plane. If unemployment is 10+ next year, she’s going to be walking back to CA.
In an interview with CNBC's Maria Bartoromo today Pelosi said that repealing the Bush tax cuts would not be a raise in taxes since they were that high before.
Everyone should watch that interview - Pelosi is a lying, kiniving, cheating far-left socialist - possibly the most detestable woman on the planet.
“if there would be a ‘Stimulus Two.’”
How do they figure this is “Stimulus Two”? Because it’s the first one since the last one? Shouldn’t they go by how many stimulus bills we’ve had since the recession started? That would make this “Stimulus Three”.
The first one happened way back during the dark ages of the Bush administration, so I can see how they’d forget.
“In an interview with CNBC’s Maria Bartoromo today Pelosi said that repealing the Bush tax cuts would not be a raise in taxes since they were that high before.”
In that case, they’re free to put tax back at their highest marginal rate. What was it before Kennedy cut them? 90%? So according to Pelosi, they could conceivably set them back up at that rate without raising taxes.
Yes, all the spending will come next year in time to buy votes for the 2010 mid term elections. The tax cuts will come after 3200 AD
What a moron. By that standard a Dow of 65 is not economic Armageddon because it has been that low before. Just once I wish one of these TV pundits had the nerve to speak truthfully. Bartoromo should have called her a dunce with absolutely no credible knowledge of economics.
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