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View Diary: Austerity cost U.S. up to 2.2 million jobs in weakest recovery since WWII (64 comments)

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  •  No they weren't, for crying out loud. (2+ / 0-)
    Recommended by:
    satrap, Hamtree

    Tax cuts were 1/3 the stimulus.  And those tax cuts targeted low income people most.

    "The way to see by faith is to shut the eye of reason." - Thomas Paine

    by shrike on Sat May 04, 2013 at 07:05:28 PM PDT

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    •  You're right. Cutting Social Security revenue and (2+ / 0-)
      Recommended by:
      satrap, Jim P

      strengthening the argument for cutting benefits by making the program dependent on the general fund for the first time did target low income people the most.

      But we've been targeted enough.  It's time to start targeting the financial "industry" and those who profit from it instead.

      Wash. Judge Tells Cops To Return Man’s Marijuana Or Be Found In Contempt

      by JesseCW on Sat May 04, 2013 at 07:08:39 PM PDT

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      •  No one cut SS revenue. The FICA cuts were (2+ / 0-)
        Recommended by:
        satrap, Hamtree

        made whole by other revenues moved into the SS Trust Fund.

        "The way to see by faith is to shut the eye of reason." - Thomas Paine

        by shrike on Sat May 04, 2013 at 07:11:42 PM PDT

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        •  Yes. From the General Fund. (2+ / 0-)
          Recommended by:
          shrike, maryabein

          which made possible, for the first time ever, the appearance, and thus the argument, used by both Republicans and Democrats, that "Social Security draws from the General Funds."

          I've seen it at DKos, in defense of the policy.

          Revenue which could have as easily just come from the Federal part of withholding. Just less for the General Fund; no money-moving around, end of story.

          While obviating the scam-friendly "Look. See funds from the General Fund to help Soc Security."


          Actual Democrats is the surest, quickest, route to More Democrats

          by Jim P on Sat May 04, 2013 at 07:21:04 PM PDT

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          •  True, but 97% of voters don't pay attention to (3+ / 0-)
            Recommended by:
            satrap, Jim P, Hamtree

            that part.

            "The way to see by faith is to shut the eye of reason." - Thomas Paine

            by shrike on Sat May 04, 2013 at 07:27:35 PM PDT

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            •  Go to websites where the kids go to talk (1+ / 0-)
              Recommended by:
              satrap

              you'd be amazed at how widespread "social security losing money right now" is.

              And when all is said and done, elections still turn on 1% and 3% kind of percentages.

              PS I don't think we've ever recommended each other. I think my life is about to change.


              Actual Democrats is the surest, quickest, route to More Democrats

              by Jim P on Sat May 04, 2013 at 07:43:46 PM PDT

              [ Parent ]

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