"Obama, Pelosi, Reid."

Editor,

Requiring people who can afford to pay more taxes to pay more taxes and using that money to hire unemployed workers is not "redistributing income from one group to another." It is putting money to work by using it to pay wages, which are spent on goods and services, which in turn increases demand for businesses' products and thus increases businesses' need -- and their ability to pay for -- more employees. This is how "stimulating the economy" works.

Republicans prefer that the Federal Reserve "stimulate the economy" with monetary policy, namely keeping interest rates low, which makes stocks more expensive but reduces the amount of interest you earn on your savings account and increases the price of goods you buy that are produced in and imported from other countries.

I can appreciate that a loyal Tea Party know-nothing would prefer to pay out of their own pocket to increase Goldman Sachs's bottom line and increase Wall Street bankers' bonuses than to put their unemployed neighbors to work, but then it's all about "Obama, Pelosi, Reed" and how they are taking money away from the "job creators," isn't it?

Re: "White House Would Cut Deductions to Pay for Its Jobs Plan" (9/12/2011)