Or does he? Has Rep. Paul Kanjorski ever known a day without a hot meal? Or a day in which he had to scrape together change from under the sofa to buy groceries so that he could feed his family? Has he ever fallen behind on rent? Utilities? The electric bill? You see, those are the facts that millions of Main Street Americans — many of them recently unemployed — are now living. Or is Kanjorski one of those types who believes that one cannot live in New York City on less than $500K a year? Rep. Kanjorski’s claim in the above clip — that the world economy would have collapsed within 24 hours had not guarantee money been granted to banks — is, to say the least, highly suspect and deserves careful and detailed scrutiny by economists. Like the supply-side schemes of the past, the money has not trickled down. And if the Democrats cannot produce tangible evidence that it will trickle down, then they must be called on the carpet. Assuming that the carpet does not fray up before a reasonable answer.
© 2009, Edward Champion. All rights reserved.