Creating Jobs
by digby
The soulless gasbags of the Fox News moneypig shows are arguing this morning that the rebate checks should be "put into the wallets of the wealthy because they'll spend it on discretionary items while the poor will just turn around and just spend it on filling their gas tanks." You see, "the rich create jobs" which is how you stimulate the economy:
Never mind the gyrations on Wall Street or the subprime mortgage and equity crisis. There’s still plenty of money out there and an unquenched appetite for art. At least that seems to be the verdict after a two-week round of auctions at Christie’s, Sotheby’s and Phillips de Pury & Company, with bidders paying record prices for everything from a rare Matisse to a red heart sculpture by Jeff Koons.
Matisse was very grateful for the job.
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