Wendy Sherman: “the Bush recession continues, and this job killer bill ensures that it will continue to continue. It imposes additional…”

“the Bush recession continues, and this job killer bill ensures that it will continue to continue. It imposes additional deficits on our budget and additional debt on the American people. It imposes higher interest rates on the American people. It will impose upon our teachers and our firefighters layoffs at a time when we need more jobs in the economy, because it virtually ensures that we will provide only very limited and inadequate aid to our States and cities that are falling on hard times right now. If we look at the details, we become aware that this bill, whatever the arguments that were made in favor of it, is nothing more than an effort to hand as much cash as possible to the Bush class. We are told that it is going to help investments, but when we look at the details, we discover otherwise. Three details: It is temporary, it provides aid to children with huge trust funds, and it provides equal encouragement to invest in foreign corporations as domestic corporations.”