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Republicans act only for the rich’s interests
The Gazette Opinion Staff
Mar. 10, 2010 11:22 pm
When a nation's economy is severely depressed, economics textbooks say that extending unemployment benefits not only helps those in need, it also creates jobs, because cash-strapped folks spend that money right away. It is one of the most effective forms of economic stimulus, as measured by jobs created per dollar of outlay.
One Republican senator, Jim Bunning of Kentucky, recently tried to block a one-month extension of unemployment benefits. Other Republicans said they would block a proposed bill that would extend benefits and health insurance subsidies for the unemployed for the rest of the year, unless Democrats agree to eliminate the estate tax.
Now, the House has already passed a bill that would exempt assets of couples up to $7 million, which would make 99.75 percent of estates tax-free, but apparently that isn't enough. Republicans are willing to block desperately needed aid to the jobless on behalf of the remaining 0.25 percent.
The Republican views on unemployment benefits and the estate tax is an excellent illustration of the core beliefs of the party. Inequality trumps equality. Make the rich richer.
Brian Rhodes
Cedar Rapids
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