Obama and tax cuts

jgoldman's picture

Hi Louise and Thom,Thom has covered most of this and I'm just looking to be brought back from the ledge. That said, the main point is bold and underlined below.There's no moral or economic rationale for assembling a deficit commission or freezing fed. employees when you are willing to extend ANY of the unfunded Bush tax cuts.And... I understand the conventional wisdom that says that you can't raise taxes in a recession. I just don't buy it. Either the deficit is a major problem that we need to reduce at this moment in our recovery, or it's not. And if it is, extending ANY the unfunded tax cuts is absolutely absurd!NO diminishing Soc sec or MedicareNO regressive tax increases on the lower 98% ex gas tax. NO TAX CUTS FOR THE TOP 2% COMING OUT OF A DEFICT COMMISSION!!!!!*%&#!One other point???Assuming that Bernie Sanders is too old and unwilling to challenge Obama in the primaries, I can only hope that Russ Feingold can be convinced to run to win in 2012. Next choice Howard Dean. Other possible progressive candidates? 

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ECam
ECam's picture
I am amazed that so many of

I am amazed that so many of the bloggers here are trying to understand the Republican's logic for maintaining the Bush tax cuts for all people, including the top 2% income earners.  There is no logic to extending the tax cuts for the top 2% and the Republicans know it.  The same old lie, that tax cuts for the rich will trickle down to the middle class, has been proven wrong.  But they want to make the lie a truth by repeating it over and over, on every news program, through every public statement made by right wing pundits, and every time they can get the press to let them again spew the same old lie.  The Republicans are doing their master's bidding.  They were elected by people who had every right to believe that their Republican representative was going to be their voice in Washington.  But they were bought by all the special interests they are now representing.  Big oil, the HMOs, Wall Street, the Koch brothers and many more who have bought and paid for their own private representative in Washington.  All we can do is just vote them out of office.  ALL the Republicans.