In discussing the Senate Democrat’s strategy meeting with President Obama, Reuters let’s it’s bias slip through the editorial board. Tsk, tsk! Journalists are supposed to be unthinking drones of information regurgitation! That’s called “objective reporting.”
Senior Republican senators warned on Sunday their party was unlikely to back the stimulus bill without changes to cut waste and to ensure the package provides an immediate boost to the deteriorating economy.
Emphasis mine, of course. You really needed to be told that. . .
So, it’s “waste,” according to Reuters News Service. I tend to agree with Barney Frank that if you’re keeping cops on the streets and nurses in hospitals, then that’s not waste, that’s job protection and exactly what the stimulus bill calls for. They took it out, but money for planned parenthood to keep unemployed or underemployed people from having unwanted pregnancies was probably also a good idea.
What makes Republicans really upset is not the lack of tax cuts: ferchrissakes, 40% of the damned bill is targeted to tax cuts. What upsets them is that they’re used to Bush-style tax cuts that just simply give money away. The tax cuts in the current stimulus package are in the form of tax incentives for companies who save jobs and work towards a greener business model. In other words, we’re using the tax cuts to stimulate the economy in ways that are proven to work. They’re not simply giving up cash to corporations and hoping they’ll magically just start spending money.
Meanwhile, the Democrats are once again letting the Republicans make themselves feel more important than they are. Republicans can’t think of one thing to do with this crisis except exactly what they’ve been doing for the last eight years. We can have an argument about who is most responsible for the problems later, but there’s no question that tax cuts have been done for eight years and been proven ineffectual. Why the hell doesn’t someone besides Barney Frank just come out and say that?