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Title: Bill Clinton Praises Obama Jobs Plan; Paul Ryan Rejects Millionaire's Tax
Source:
National Journal
URL Source: http://www.nationaljournal.com/bill ... cts-millionaire-s-tax-20110918
Published: Sep 18, 2011
Author: staff
Post Date: 2011-09-22 14:17:12 by lucysmom
Keywords: None
Views: 211
Comments: 4
Clinton praised Obama’s American Jobs Act during an appearance on NBC’s Meet the Press, arguing that Republican opposition to letting the plan add to the federal deficit is hypocritical, given the unchecked war spending of the last decade. If Republicans don’t want to raise taxes on the rich to pay for the payroll tax cut Obama proposed, Clinton said, then Congress should declare the current economic climate an “emergency” and cut the payroll tax without paying for it. “If you look at the independent economic analysis of the program the president outlined, a broad range of economists have said that, if it’s adopted, in 2012 GDP growth would be between 1.5 percent and 2 percent higher,” Clinton said as he echoed Obama’s calls for Congress to “pass this plan.” Clinton also said that taxing the rich to close the deficit “does the least harm” to the economy compared to other options like spending cuts, though he pointed out that, in the long term, the various bipartisan commissions on the debt “all say you’re going to have to have spending cuts and tax increases and economic growth -- you have to have all three of them.”
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#1. To: A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, mininggold, brian s, mcgowanjm (#0)
You say potato and I say potahto, You say tomato and I say tomahto Potato, potahto, Tomato, tomahto, Let's call the whole thing off
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
Shall I PING Boofer for you?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Yes, ping away!
"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly
PING
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
#2. To: lucysmom (#1)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#3. To: war (#2)
#4. To: Badeye (#3)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
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