Axelrod and McConnell Take ABC’s Amanpour and US Down the Rabbit Hole

By: Sunday September 26, 2010 9:51 am

ABC This Week’s Amanpour came armed with videos and quotes to show Mitch McConnell how embarrassed any rational person would be by the nutty positions expressed by Republican candidates like Sharron Angle, Rand Paul, Joe Miller, and Christine O’Donnell. But McConnell dodged every question; Amanpour simply gave up trying to get honest answers.

Tax Cuts and Their Efficacy: A Postscript

By: Monday September 20, 2010 7:21 pm

In two previous articles, “Maintain Tax Cuts for the Rich? Americans Don’t Seem to Buy the Conservative Argument” and the “Efficacy of Tax Cuts Is now Questioned” I laid out two basic premises. One was that a majority of the American people did not buy into the conservative argument that tax cuts had to be maintained for the richest among us. The second was that the use of tax cuts in this type of economic downturn had been called into question by some very prominent economists and that those same economists just happen to be on the right side of the political spectrum.

The Stars Have Aligned: The Time Is Now for the DREAM Act

By: Wednesday September 15, 2010 1:36 pm

If you haven’t been on facebook, twitter, or following the news, Senate Majority Leader Harry Reid (D-NV) announced yesterday that he would be introducing the DREAM Act as an amendment to the National Defense Authorization Act.  Univision anchor Jorge Ramos tweeted last week that Reid wanted to move the DREAM Act before November.  Now we know how Reid wants to move it.  The DREAM Act could come up for a vote as early as Tuesday of next week.

Borrow And Spend Republicans Unveil Tax Cut Package

By: Wednesday September 15, 2010 6:37 am

There is something about Washington and taxes that seems to destroy the ability of law makers to do simple math. This seems to afflict Republicans and Blue Dog Democrats the worst. The Washington Post is reporting about the roll out of the Republicans Orwellianly named tax plan, the Tax Hike Prevention Act. Sen. Mitch McConnell (the man voted most likely to turn into a snapping turtle in our lifetimes) has put the idea on the table permanently extend all of the Bush era tax cuts, including the ones for the ultra wealthy, that top 2% of all earners.

From the WaPo :

"We have a spending problem. We spend too much. We don’t have a taxing problem. We don’t tax too little," McConnell told reporters Tuesday. "And if we want to begin to get ourselves out of this economic trough that we’re in, the only way to do that is to grow the private sector."

This is insane. We are currently collecting tax revenues at the same we did in 1950. In 2009 taxes were 9.2% of all personal income, just like it was when Harry Truman was president. A lot of things have changed since that time, the population has doubled and unlike now, in 1950 the United States was running a surplus. For Senator McConnell to say we are taxing too much is just another example of Republican bizzaro world, where black is white and up is down.

Maintain Tax Cuts for the Rich? American’s Don’t Seem to Buy The Conservative Argument

By: Friday September 10, 2010 7:07 pm

We constantly hear the monotonous refrain from the right that now is not the time to raise taxes, even for the richest Americans, citing that this will somehow threaten the weak and halting recovery. Yet a composite number of 59% of the American people either favor the expiration of tax cuts for the wealthiest or a roll back of the Bush era tax cuts entirely as per the latest Gallup Poll.

Obamabots Heading for the Cliff

By: Friday September 10, 2010 5:18 pm

Obama’s most “devoted” supporters setting him up for a fall.

The Efficacy of Tax Cuts Is Now Questioned

By: Wednesday August 25, 2010 6:41 pm

Tax policy and tax cuts in particular are elements central to the Republican Party’s economic philosophy. Republicans have made tax cuts one of their primary tools for fighting the Great Recession and returning America to prosperity. When advocating cuts, many on the Right have waxed nostalgic for the Reagan era tax cuts and their supposed economic benefits. The “record” of those cuts is held up as a justification for extending the Bush tax cuts beyond their expiration date and likewise for cutting taxes generally. All of this as an ideological counterpoint to what the Obama Administration has done in addressing the current downturn. Thus when economists who describe themselves as free market advocates, Libertarians, Republicans and even conservatives call extending the Bush era tax cuts into question one can only take note and inquire further as to why those whom we would expect to endorse tax cuts count themselves among the opposition.

Minority Leader McConnell, Can We Talk?

By: Tuesday August 24, 2010 7:00 am

Minority Lead McConnell, can we talk a minute? You are an educated man, so it is probably pretty hard to say some of things you say when defending the tax policies of the Bush Administration and arguing for their continuation. Perhaps your time in Washington has taught you the skill of being able to say any kind of nonsense but really, Senator, you have to know in the back of your mind that enacting legislation to extend the tax cuts for the ultra-wealthy (that 2% of the nation who makes more than $250,000 a year) is going to bring our nation to its knees.

I don’t know you Senator, but I have to think that you don’t really want to face what 3.2 trillion dollars in additional debt will do to our nation. You would have to cut or end social safety net programs like Social Security, Medicare and Medicaid. While that might appeal in an ideological sense, the reality of starving elderly baby boomers, indigent children wearing rags in the streets of our nation is one that even you will not want to see on a daily basis.

Surprise! Tom Friedman Urges Muslims to Be Statesmen . . . Like Reid, McConnell and SarahNewtwits

By: Sunday August 22, 2010 2:00 pm

Times columnist Tom Friedman watched the movie Invictus and writes that he wishes Iraq’s leaders would emulate Nelson Mandela’s “we have to surprise them,” by displaying religious/ethnic tolerance and magnanimous statesmanship in Iraq, because, I guess, Suck. On. This diplomacy is, uh, not helpful.

Cluelessness or Cognitive Dissonance?

By: Sunday August 22, 2010 10:37 am

Discussion of the stock market, joblessness, and Social Security

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