Mike Pence (Sleazy-IN) Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid

Mike Pence Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid
First Posted: 07-18-10 11:58 AM | Updated: 07-18-10 11:58 AM

The unsavory task of explaining why America apparently can't afford to help the unemployed but can afford tax cuts for the rich fell to Rep. Mike Pence (R-Ind.) on Sunday.

"Republicans, me included, have supported numerous extensions of unemployment benefits and we're anxious to do so again," the Indiana Republican told interviewer Chris Wallace on "Fox News Sunday." "The deficit this year is a trillion dollars for the second year in a row ... The American people have had it with runaway federal spending, deficits and debt, and they want to see men and women in Washington, D.C. make the hard choices."

Polls released last week showed that despite anxiety about spending, registered voters actually favor helping the unemployed even if it adds to the deficit.

Nevertheless, extended unemployment benefits for the long-term jobless lapsed at the beginning of June because Republicans in the Senate, joined by Nebraska Democrat Ben Nelson, insisted that the $33 billion cost of reauthorizing the benefits not be added to the deficit (though some deficit hawks actually don't consider stiffing the jobless a smart way to reduce the deficit to begin with). Fox's Wallace said he understood the Republicans' argument that the unemployment benefits be "paid for" -- but why not also "pay for" a reauthorization of the tax cuts, which will cost $678 billion?

"The reality is that as you study -- when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth, they expand the economy, they expand tax revenue," Pence said. "The point is we've got to get this economy moving again and we can't go back to the tax-and-spend policies of the Democrats or the tax-cut-and-spend policies of the prior administration."

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http://www.huffingtonpost.com/2010/07/18/mike-pence-explains-why-a_n_650374.html?ref=twitter

1. Unemployment insurance generates $ 1.68 for every $1.00 spent.
2. Bush's* tax cuts generated about $0.38 for every $1.00 spent

Checkmate!

(This is what I remember, but it might be off just a little.)

they let them spew their crap about spending and don't make them justify the fact that they said absolutely nothing when Bush was decimating the economy. when he started two wars and never ever included the cost in the deficit. when he gave all those tax cuts unpaid for and when he blew billions in surplus.

They talk about Democrats being without guts. I think all news commentators would have to dig ten feet up to even try to get them selves a spine.

The taxes could clearly be used to lower the deficit, so that makes no sense at all.

You can tell me that we can spend beyond what we make for eternity but I won't believe you.

because recipients spend the money immediately