The Definition of Insanity

Crossposted from The Stars Hollow Gazette

Doing the same thing over and over again and expecting different results.

Sometimes (like Krugman) you have to re-arrange the order.

Over before it began

by digby

Tuesday, October 25, 2011

So here’s what’s happened so far. The President put forth a jobs bill, which didn’t make it through the congress, as expected. This jobs bill was highly touted as containing “ideas” that Republicans had proposed in the past and therefore, it should have “something for everyone.” Needless to say, the GOP wasn’t interested in any one from column A and one from column B negotiating. After the defeat of the big jobs package, the Democrats announced they were going to propose popular pieces of the bill and force the Republicans to prove once and for all that they don’t care about the plight of the average American as they join together in Scrooglike conformity.

Unfortunately, the Republicans decided not to play (surprise!) and are instead proposing their own combinations of the most toxic conservative elements of the President’s bill and the President is apparently signing on, thus signing into law a terrible GOP policy while simultaneously giving them a “bipartisan” win.



What, at this point, is the rationale of the Democratic Party? We’ll kill terrorists twice as hard and only slash the safety net half as much? We’ll pass the Republican agenda so they don’t have to?



I’m not sure what the President hopes to gain by proposing and then signing deeply unpopular GOP legislation, but that appears to be the plan.

Do you get it now digby?

(References supplied)

Update:

House Passes the "Even Obama Supported" Non-Jobs Jobs Act

By: David Dayen, Firedog Lake

Thursday October 27, 2011 2:18 pm

The House bill eliminating the 3% withholding rule, making it easier for government contractors to cheat on their taxes, a small part of the American Jobs Act and supported by the President, passed today, on a near-unanimous vote of 405-16. The bill was paid for through a separate measure, which changes the calculation of modified adjusted gross income by including Social Security benefits in the calculation, for the purposes of determining eligibility for programs like Medicaid and SCHIP. This fix of a “glitch” that would allow some middle-income early retirees to get nearly free Medicaid coverage (we can’t have that!), passed by a smaller amount, on a vote of 262 to 157. 27 Democrats joined 235 Republicans in supporting the bill.



How facilitating tax cheating counts as a jobs measure is beyond me, but whatever the case, the bill and its offset go to the Senate. A 3% withholding bill got 57 votes in the Senate last week, with a different offset that just reduces expenditures across the board. That was before the Administration came out in favor of the bills, however. So surely, something incorporating 3% withholding is likely to pass Congress.

The CBO estimates that federal revenues would be reduced $11 billion over 10 years by this measure. That’s a little more than 2% of the cost of the American Jobs Act. And it has almost nothing to do with jobs. But it’s destined to become law.

2 comments

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