Monday, November 21, 2005

GM Closing 6 plants in US, cutting 30,000 jobs.

Front page news flash at NYTimes, now.

Bush immediately introduced a new tax cut proposal, where the affected 30,000 workers will see their income taxes cut in proportion to their decrease in income. Bush says no new laws need be passed for the propsal to take effect. I'd sure like to see how he's going to accomplish THAT crazy calculus.

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