Thursday, December 2, 2010

Sarah sez

One in a series that takes a look at some of the zany and madcap things said by Sarah Palin.

"We have to pay for unemployment insurance, we don't have to pay for tax cuts for the rich," Sarah Palin said. "Tax cuts do not create jobs. They haven't throughout the Bush administration. Unemployment insurance creates jobs and does not add to the deficit."

"Extending unemployment insurance benefits is not only a critical form of economic security for American families, but also a key source of fiscal stimulus that has the potential to ease pressure on the labor market by stimulating economic growth," the report said.

Of course, Sarah Palin didn't say these things but rather the first paragraph fell from the lips of that glittering jewel of colossal ignorance, Nancy Pelosi and the second paragraph was from something called the Joint Economic Committee of the United States Congress which despite its bipartisan-sounding name is chaired by two New York Democrats, Carolyn B. Maloney and Chuckie Schumer.

Sarah Palin could string together a quantity of gaffes that would stretch from her back yard to Russia and still not come close to uttering anything as clueless and demonstrating such an astounding misunderstanding of basic economics as Pelosi, Maloney and Schumer displayed just there.


drozz said...

she is bulletproof.

her district will always re-elect her, so she can say what she wants with immunity.

unless, of course, she blatently lies about the cia.

steve said...

The 2000s demonstrated that tax cuts do not necessarily lead to more jobs. Incentives matter. When the wealthy can make more money on "innovative financial products", think synthetic CDOs, than they can on creating new businesses, they will do so. Much better to direct cuts towards small and medicum sized businesses.