Let all of Chimpy's tax cuts expire! That's 4 trillion dollars! Congressman DeFazio

Run time: 05:30 https://www.youtube.com/watch?v=oyAdmiDxUH8   Posted on YouTube: July 21, 2011 By YouTube Member: MOXNEWSd0tCOM Views on YouTube: 58   Posted on DU: July 21, 2011 By DU Member: Chisox08 Views on DU: 1504

 

PB

bottom 80% than it will be for the top 0.5%.

However, it's also necessary. It's the only sort of "shared sacrifice" that will work, starting to put the nation's financial house in order costing pennies per person at the bottom and tens of thousands at the top. The net detrimental effect on the consumer economy will be far less than targeting either the elderly or poor for steep cuts.

When Obama took office, we were still in good enough shape that the tax cuts to the top 2% were all that needed to be reversed. That is no longer the case and things have greatly worsened over the past 2 years. I'm afraid we're all going to take hits now.

It had better be now, too, because in another two years, it will have to be combined with steep tax increases across the board to work instead of just rolling back cuts that never should have been made in the first place.

You want to be wealthy good. Share in the burden and don't make the rest of us do your work for you....

rest of us, but they don't think they should have to pay their fair share in taxes. The idea that tax breaks/shelters for the wealthy will create jobs is pure BS. The politicians that use that argument know that's BS, but are most happily willing to toady to their rich supporters to continue their prestigious political careers.

At what point do you continue doing the same crap that's gotten us into this mess before you realize that it's not working and you pretty much need to reverse the course if you really want to turn this economy around?

But DeFazio's comments make too much sense. And as Warpy stated earlier. you'll get the biggest opposition from the people who would benefit from expiring the Bush tax cuts. There's something about those 80 percenters where they think if they support the policies of the millionaires and billionairs, they, too will become one, too.

What ever happened to common sense in our country that this simple reality is not evident to everyone?

What would happen ( dare we imagine ) if we end the tax cuts for the rich, and end all the wars? How many trillion would that be? Why couldn't we start a national media campaign print, radio and TV ads for this purpose? This message would be popular with the people of america .. but the existing media is NOT going to push it .. far from it.

I do feel we have played along for far too long with Republican insanity and sheer lies (Bush tax cuts did not lead to massive job creation. We know that. Just because our president was too kind to beat GOP leaders over the head with those facts, doesn't mean they are not true.)and all that dangerous compromising has really intensified my depression.

I wanted to grab that clean bill.

And I wanted our reporters to ask any Republicans they interviewed-- You do know the debt ceiling was raised seven times for George W Bush? And 18 times for Reagan? You do know that we've seen this game before-- you all hassled Jimmy Carter about the debt ceiling-- then gave Ronnie Reagan a pass for 18 times.

Our reporters are supposed to be so inside-the-beltway savvy-- and yet they're playing out their talking points instead of giving us the sad history of such debt ceiling debates. Intense when Democrats are presidents, soft and easy when Republican presidents rule.

And Republicans run up the biggest debts. At least the ones since Reagan transformed their party from the practical ones to the grandiose liars. Prior Republicans wanted to balance the budgets-- not blow them to smithereens to bring down the government once and for all.

Prior Republicans valued constraints on business practices destructive to our ecosystems. They viewed legislation in terms longer than quarterly profit statements. Some of them wanted their kids to have a healthier planet and thought good government was a necessary way to level the playing field and hold all businesses equally accountable to follow best-practices, and monitor the results in order to improve them for the benefit of future generations. Most of us want our food safety to improve over time. And infrastructure maintenance to be top notch again. And less homeless people in our streets, in this richest nation. Republicans used to want that too.

We really need a dose of Keynsian economics right now. Supply Side -- giving the money to the rich and waiting -- crashed already. Way back in 2008. There has been enough looting. 90 percent of us are not recovering right now. A lot of noble work needs doing-- rebuilding America already. The modern Republicans really let everything deteriorate.

Someone has been pushing them to hate government and want it to fail. And to focus on quarterly profits above all. Their sponsors have homes in other counries.

We need to draw out the more reasonable Republicans a lot faster than we are. It was so pathetic to have so few Republicans with us on better health care when our citizens were being evicted from their homes by the thousands every day.

And not enough reporters asked Republican leaders if they weren't ashamed of themselves, for pushing healthcare further out of reach of their desperate fellow citizens.

So please, take my $300 now. I'd so much rather that, than losing hundreds of dollars a year in my 80's.

...I enjoy listening to his very rational rants.

K&R