Last night the People for the American way sent out an e-mail alert, subject line: ” GOP Leaders Rush Aid…To Millionaires.”

It was blasting a repeal of the estate/death tax.

KAthryn:
Four days after Hurricane Katrina struck the Gulf Coast, the country remains in crisis. The situation of Americans trapped by flooding grows increasingly desperate, and government resources and planning have proven woefully inadequate. There is nothing more important to the American people right now than saving lives, sheltering American citizens, and rebuilding homes.
But what are the priorities for the Bush Administration and Senate Majority Leader Bill Frist? They are moving ahead with a plan to further starve federal coffers.
As we fight to stop John Roberts from being confirmed to the Supreme Court, we must also fight Sen. Frist’s proposal to repeal the estate tax. In a display of particular insensitivity, he plans to call a vote as early as Tuesday!
This would shift roughly $1.5 billion per week from the federal treasury into the pockets of the heirs to the nation’s biggest fortunes at a time when thousands of Americans — many of whom are among the nation’s poorest — have lost everything to Hurricane Katrina and are looking to the government for help.

Besides the crassness of that e-mail (they even get in Roberts!)….I’m not the economics guy, but isn’t more money in people’s hands a good thing? They can invest in Baton Rouge real estate. They can decide they want to be part of the New New Orleans, a city with endless possibilities if people take a real serious interest in rebuilding right. The federal treasury isn’t the only pocketbook that’s gotta be opening post-Katrina.