Tag Archive | "Bush Tax Cuts"

No Money Was Saved or Raised

Damn, math really messes shit up. I mean, first you get told about all this money that got saved and, then, boom, it’s gone because turns out…it wasn’t saved at all. Welcome to the wild world of fiscal deals made by political parties who care mostly about their own futures, not the futures of regular people.

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A Bad Idea Is Always A Bad Idea

There is so much stupidity in the debate over the phony debt and deficit “crisis”, and its little “sibling, the “fiscal cliff”. Here is one very stupid thing: whether the tax cuts for the very wealthy should be extended. The tax cuts were a bad idea — immoral actually — when they first were proposed by George W. Bush. Which still makes the tax cuts — legalized robbery — a bad idea today.

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No Action Rocks

A lot of people are squirming and screeching, demanding that Congress take action. Do something about that damn “fiscal cliff” — a phony elite construction by the way. My view is: don’t do anything and the country will be better off.

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Tax Noise

Right after the now-infamous debate (or, exchange of sounds bites), I wrote a bit about the fallacy of the exchange on taxes. Just a quick clean up here to underscore an important point — both candidates support, in one form or another, extending some or all of the Bush tax cuts. And that is sheer lunacy.

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Rejoice! Catfood Commission Dead, Media-Politicians Fail–Can We Talk About Jobs Now?

    You may join me in the celebration of failure–a celebration I have been urging we look forward to for a very long time. Do not listen to the hand-wringing and whining about the implosion of the Catfood Commission II. This is a great thing. It is fabulous.    BUT…    Let us also pause, […]

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Krugman Joins In With A “Rejoice When They Fail” Hug

   One of the things I’ve said, only half-jokingly, to a bunch of radio stations and in numerous posts (including just a couple of days ago) is that I am not a religious person but I get down on my hands and knees every day and pray, pray, pray that the Catfood Commission II fails […]

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My Prayers Being Answered–Catfood Commission Distress

   As I have said in a number of recent radio interviews, I am not a religious person but I get down on my knees every day and pray that the Catfood Commission II collapses, does nothing and goes home. A glimmer of hope for that: Democrats said they were dismayed to see Republicans rallying […]

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A Trillion Dollar Tax Robbery Looms: Numbers Shenanigans or Ignorance?

    Sometimes numbers are a bitch. Because they expose ugly truths that we either choose to ignore or don’t understand. We better get this one straight in the next few months or the bi-partisan cuts just shoved down the throats of the American people will pale in comparison to what will come post 2012.    […]

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The Robbing of America: Bush Tax Cuts Ten Years…What Have We Learned?

    Ten years ago, the plundering of the nation’s wealth got a boost of legislative steroids when George W. Bush signed his tax cuts into law. It was pure insanity, at least if you believe in a country of fairness. But, aside from the economic and social wreckage left by these immoral tax cuts, what […]

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