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Friday, December 09, 2011

Griper Blade: GOP Flateartherism Strikes Again

At this point, I have to ask, what do Republicans have against demand? I get that they like this pie-in-the-sky supply-side stuff, but it's "supply and demand," not "supply or demand." At every turn, Republican economic policies have consumers reducing spending, as if a stagnant economy and slow to non-existent growth is the best thing ever.

Case in point:

The Hill:

GOP leaders hope to build momentum for an end-of-year tax package with sweeping reforms to federal unemployment benefits.

The Republican proposal is expected to reduce the total number of weeks unemployed workers are eligible for aid by as much as 40 weeks and tighten rules for eligibility.

Such a reduction would significantly reduce the cost of extending federal unemployment benefits, making it easier to secure GOP support for a measure that will also include an extension of a payroll tax cut many conservative Republicans dislike...[CLICK TO READ FULL POST]

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