some of the more heavy markets in the region, particularly shanghai. 2.23%. shanghai being brought down. sensex brought down by 0.32%. they continue to fall down 2% after that surprisingly strong interest rate off the other third of one per sechblt japan remains cold for the holidays. not a pretty picture for this week s training day. in the meantime things seem to be rebounding here in europe. you look at how some of the things ended in america. in the united states, dostocks were under pressure. at end of the the session, the dow jones industrial average as you can see there was completely flat. the s&p 500 lost about a third of one percent and the nasdaq was down four-fifth of one
this whole conversation arose out of gop concern about how extending unemployment benefits sea breezes the deficit unless you have some sort of, as mcconnell and kyl put it, offset. but is there an actual quantifiable reality regarding the jobless benefits and how they affect the deficit compared to tax cuts? sure. they, well, number one, the unemployment benefits, if you extend them, will cost about $30 billion. if you extended all of the tax cuts, it would be, if i remember correctly, $3.28 trillion. so the two are very different. but then on the other side, you have the stimulus of the two measures. right, the one thing that republicans have said over and over is that tax cuts are important for stimulus. that s how mcconnell thinks they pay for themselves. but the fact of the matter is, mark zandi, who is an adviser to the mccain campaign says for every dollar you spend on the bush tax cuts, you get 0.32 cents or 32 cents of stimulus, for every dollar you spend on unemployment b
this whole conversation arose out of gop concern about how extending unemployment benefits sea breezes the deficit unless you have some sort of, as mcconnell and kyl put it, offset. but is there an actual quantifiable reality regarding the jobless benefits and how they affect the deficit compared to tax cuts? sure. they, well, number one, the unemployment benefits, if you extend them, will cost about $30 billion. if you extended all of the tack cuts, it would be, if i remember correctly, $3.28 trillion. so the two are very different. but then on the other side, you have the stimulus of the two measures. right, the one thing that republicans have said over and over is that tax cuts are important for stimulus. that s how mcconnell thinks they pay for themselves. but the fact of the matter is, mark zandi, who is an adviser to the mccain campaign says for every dollar you spend on the bush tax cuts, you get 0.32 cents or 32 cents of stimulus, for every dollar you spend on unemployment