Tuesday, December 20, 2011

People, please think and throw these tea baggers out in the next election

1. The Republicans refused to raise taxes on million/billionaires to pay for the UI extension and SS tax reduction extension . They claimed they were looking out for the job creators, particularly small businesses (the job engine).

2. Less than 1% of those earning more than 1 million $ per year are small business owners. So, Senators Claire McCaskill (D) and Susan Collins (R) came up with a compromise and excluded the less than .01% of those earning more than 1 million per year from the tax.

3. The Republicans still rejected it.

4. The Republicans came up with an alternative plan to pay for the extensions by cutting education and other growth related government programs and inserted a poison pill - the pipeline.

5. The Senate Republicans realized that this was bad policy and relented and came to a compromise with Senate Democrats.

6. The compromise bill now sits in the House after John Boner endorsed it and is dead from the tea baggers.

7. Nearly all economists stated that the UI extension and SS tax reduction will be good for the economy and create jobs.

Any thinking person can only conclude that these tea baggers' only objective is to do everything they can to insure that the economy stays horrible so as to better their chances of unseating Obama. They could not give a damn how bad their actions hurt the good old US of A.

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