For the purposes of maintaining one’s non-profit tax status, it’s always nice when you can have members of both parties on both sides of a political debate. So while the stimulus legislation was mostly a Democratic bill, it did have the support of several Republican Senators as well as the Governator and Charlie Crist. But until today, only Republicans governors had been willing to really go way out on a limb and say they were going to refuse to take extra Unemployment Insurance funding on the grounds that this might lead their states to enact more generous UI on a permanent basis. But as is often the case when you need an example of a Democrat getting on board for some reactionary public policy, it seems that Tennessee’s own Phil Bredesen is ready to ride to the rescue.
So from the bottom of this blogger’s heart, thank you governor Bredesen. Your state’s unemployed won’t feel the same way. Nor, for that matter, will other citizens around the country all of whom are suffering from the economic contraction and all of whom are hurt by your pro-cyclical policy agenda.