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Charles M Cooper
Charles M Cooper

$350 Billion in the Hole and Record Unemployment: Time for Something Different

When we were being sold on bailing out the financial sector, we were told that it was necessary to save jobs, homes, investments, businesses. Well, the first half of the initial $700 billion has been spent, stocks have been trending down and the unemployment rate is higher now than it has been in decades. Now a congressman from Texas has a radical idea: Take the other $350 billion and use it to finance a two-month tax holiday for all Americans. Now that’s what I call progressive!

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