Thinks the GOP economic policies would be harmful to our economy:
A confidential Goldman Sachs report, which was obtained by ABC News, argues that the spending cuts passed last week by the House of Representatives would be a drag on the economy, cutting economic growth by about two percent of GDP.
The Financial Times quotes Sen. Chuck Schumer (D-NY): "This nonpartisan study proves that the House Republicans' proposal is a recipe for a double-dip recession. Just as the economy is beginning to pick up a little steam, the Republican budget would snuff out any chance of recovery. This analysis puts a dagger through the heart of their 'cut-and-grow' fantasy."
What Goldman nor Comrade Schumer understand is that the Tax Cut Fairy simply starts growth with the wave of her wand. It's just that wand has been broken the last ten years or so, but when she's got it back and working...BOP! Economic awesomeness with glitter, golden toilets and and and more money for rich people! Stupid morons and their numbers. GDP is irrelevant when the Tax Cut Fairy is involved.
Somewhere in this report are numbers which Fox News can fix...
I am Frank Chow and I approved this message