That there’s any argument whatsoever for not making Elizabeth Warren the head of the new Consumer Protection Agency just boggles my mind. Who on Jah’s green earth is more qualified? I don’t get it. More on that later, perhaps…
Similarly, extending the Bush tax cuts for the middle class while ending them for the wealthy seems like such an obviously beneficial move for the overall economy it’s almost silly. And yet…
“So there’s no misunderstanding here, let me state it outright: Kent Conrad and Joe Lieberman are arguing for the further erosion and obliteration of the middle class in order to give the rich folks a tax break for a few more years.
“Their twirly argument about it being “bad for the economy” to raise taxes in a recession presumes that the entire country is at the mercy of the elite 1% whose incomes exceed $250,000 per year. We’re just the screaming rabble waiting for crumbs from the merciful elite, after all.
“It also presumes the same false argument Republicans make; namely that tax cuts are not a form of spending and should not be viewed as such. OF COURSE they are.
“Meanwhile, the rich are not spending and aren’t signaling any particular desire to spend, so giving them some extra bucks won’t stimulate the economy in any kind of good way anyway. Those of us who are still unemployed, or still earning a paycheck similar to the paycheck we earned 15 years or so ago, on the other hand, would welcome some extra money to pay the bills and maybe even buy a thing or two.”
If you argue that letting the cuts lapse is, in fact, a tax hike, than you have to stipulate that continuing unfunded tax cuts is spending. The unemployed can, apparently, go suck eggs, while rich people must continue to receive ‘relief’ that many prominent rich people (most notably Warren Buffett) don’t even want. Try to reach a sensible compromise, and you seem to just piss both sides off even more. Whaaaa??!!
Look, these days I’m not even remotely happy with the Democrats in Congress. But, messy as things are, we can’t go back to the Gingrich – Rove – DeLay – Boehner – McConnell oligarchy. I have hated, and do hate, voting for the lesser of two evils. But we have to nonetheless. Things will get worse before they get better. Mark my words, these are the nauseating final decades of corporate capitalism – it’s gorging itself while assuring you there’ll be plenty for everybody if you just leave them alone. When you re-elect incumbent Republican hardliners or Tea Party dilettantes, you vote against promoting the general Welfare, and securing the Blessings of Liberty to ourselves and our Posterity. Or to quote another source, “And you know the surest way to go broke? Keep getting an increasing share of a shrinking market.”
More bleeding-heart European-style propaganda (you’re welcome):