Is there an echo in the hollows of D.C.? Certainly sounds that way. Remember this shot and chaser from Pelosi and Obama:
Well, now the reverberation has finally sounded back, as Barry echoed the repetitious sentiments yesterday with his claim that extending the payroll tax cut and unemployment benefits extension would create more jobs than the Keystone XL pipeline.
Citing theoretical 'independent' economists can't back up these inane claims, Mr. President. As Rick Moran of American Thinker reminds us, "For the record, it is estimated that Keystone would create about 200,000 jobs." Sorry, Barry, but unemployment benefits don't create jobs, nor supply the incentive to get one.
Dan Cleary of the Right Scoop drives the point home: "Yeah, that payroll tax cut really juiced the economy over the past year, didn’t it? ... And the idea that extending unemployment benefits creates jobs – well that’s just absurd on its face."
And by the way, does everyone realize where Social Security and Medicare/Medicaid contributions are solely sourced from? Ding, ding, ding: payroll taxes (that little FICA listing on your pay stub). So that's right, without any other alternative plan for reform, the very party and president that lay claim to being the lone heroic advocates of the elderly, the poor and the ill, are robbing all in these susceptible groups blind with more depletion of the only mechanism in place for funding these programs.
Face it, folks...devoid of any meaningful solutions, and besides shifting massive amounts of taxpayer money around, Obama and the D.C. team are perched at the ledge, shouting into the canyon and hoping their echoes take flight.
