NotesLater, Boehner came around to admit that an extension would help boost the economy. To help Boehner out, several actual economists have said that letting the cut expire would, in fact, hurt growth and destroy jobs. According to Macroeconomic Advisers, allowing it to lapse “would reduce GDP growth by 0.5 percent and cost the economy 400,000 jobs.” An analyst at Barclay’s estimated that letting the cut expire would knock 1.5 percent off of first quarter growth next year.Unfurl
NotesIn short, they are going to run a smear campaign that would use the same Fox News talking points that haven’t worked so far. They are going to claim that George Soros is funding Occupy Wall Street, and that the movement is being run by the Democratic Party. Most troubling is their plan to carry surveillance on social media. They are going to monitor the social media used by OWS and what they intend to do that the memo didn’t directly state was spam social media with anti-Occupy Wall Street propaganda.Unfurl
NotesItem number 3,785 in the Republicans-really-don't-care-about-the-deficit file is this from Speaker John Boehner rejecting yet another offer of concessions from Democrats in the Super Congress negotiations. Unfurl