The traditional gift on reaching 10 years of marriage is tin -- a gift that seems oddly fitting today, in a "Wizard of Oz" kind of way. Ten years ago today, the American people became wedded (and our economic fortunes inextricably linked) to the heartless Bush tax cuts.
Via Mother Jones, we find the Economic Policy Institute offering the latest comprehensive breakdown (PDF) of the damage inflicted on the American economy by those tax cuts. It's well worth reading all the way through:
The Economic Growth and Tax Relief Reconciliation Act of 2001 (the first of a series of Bush-era tax changes) was enacted on June 7, 2001. Since then, the Bush tax cuts have exacerbated the trend of widening income inequality, accompanied the worst economic expansion since World War II, and turned budget surpluses into deficits.
Last week, President Obama pledged that he would not extend the Bush tax cuts again. But among Republicans, the Washington Post reports, the dedication to taxing (the rich) as little as possible is even more steadfast than it was 10 years ago:
This orthodoxy is now woven so deeply into the party’s identity that all but 13 of 288 GOP lawmakers in Congress have signed a formal pledge not to raise taxes. The strategist who invented the pledge, Grover G. Norquist, compares it to a brand, like Coca-Cola, built on “quality control” so that Republican voters know they will get “the same thing every time.”
Happy anniversary -- we got you this nice chart.





From TP but a good list of things that should have been done with the MONEY WASTED!!!
Here are ten alternatives we could’ve pursued instead:
Or I could keep more of the money I earn and spend it as I choose.
You are quite the patriot aren't you? It's all about you. The country can go to hell. That's what you sound like. Why don't you leave? From the 60's "Love It or Leave It!" You love yourself, not your country. We neither want nor need you. Please leave.
LOL
well you are keeping a LOT more money these days!! so can i get a pledge from you that you will give to the less fortunate AMERICANS!!!
Thanks I knew if you was a real American you take this up.
??? Sounds like money well spent!!!! Subs for oil Co's? Cut tax's for the rich? Cut tax's for Corps even though they are still off shoring jobs? Sub's for rich farmers? Where are the jobs?????? The Bush Tax cut's were gonna help!!!!!
Grover Norquist - the man who destroyed America.
He's the guy who wants to shrink government until it's small enough to drown in a bathtub.
guess we can say he is the founding fathers of the destruction of America!
maybe that who they talk about when they bring up the founding fathers.
They want the government small enough to drown in a bathtub, but big enough to tell you who you can and can't marry, big enough to make sure you don't get an abortion even if your life is in danger, big enough to keep track of your phone calls and financial transactions and big enough to keep records of where your net surfing takes you. But not big enough to help you if some right winger decides that your job would be done better by a 15 year old in Micronesia or you get old or sick and can't work anymore. We can't have evil Big Government doing anything good for anyone. And we shouldn't have government big enough to keep strip mining operations out of national parks. That would be Bad Big Government. But they'll still manage to make it big enough to decide what's best for you, whether you like it or not.
But Government has to be small, how else will it fit in the pockets of big corporations.
You are quite the patriot aren't you? It's all about you. The country can go to hell. That's what you sound like. Why don't you leave? From the 60's "Love It or Leave It!" You love yourself, not your country. We neither want nor need you. Please leave.
@Chris Helms-3040482
That is the grand irony of the conservative party. They claim their number one goal is to downsize the government. However, once they are in office at the federal level they realize that it doesn't take much intellect or energy to do so. After they downsize, they of course want to feel like they are doing something good and productive so they start passing legislature that transcends Washington D.C. and affects the entire country. So much for a small government, huh? I came across a column where the author discusses the irony of the modern conservative party brilliantly:
Source: Joe Carter; http://www.firstthings.com/onthesquare/2011/01/unsolicited-advice-to-a-young-conservative
Since the chart was a repost I thought I would repost my GOP Preamble:
We the Wealthy of the United States, in Order to form a more perfect Cash Flow, increase Profits, insure reduction of Taxes, provide for a defenseless labor force, promote Financial Inequality, and secure the Blessings of Profit for ourselves and our Posterity, do ordain and establish this Republican Party for the United States of America.
Pat P, love it! Is there more?
Hope you don't mind me sharing it?
Please feel free to post or spread it anyway you like.
About 2 months ago a troll posted a comment that implied that it was against the constitution to do anything that interferred with his right to make a profit. It stuck in my head and the more I thought about the more I recognized how basic this concept reached into Republican ideology.
So I wrote the GOP Preamble to the Constitution. I'm pleased that you like it and will keep posting.
I think that troll confused the Constitution with the Ferengi Rules of Acquisition.
Caveat Emptor. Trolls and people who are absolutely unapologetically wrong, do in fact serve a very valuable service. Not that you shouldn't still poke them in the eye with a sharp stick given the opportunity - you are obligated to. But they force you to examine what smells about their arguments and to re-examine your own assumptions. To refine them into facts. The best thing about trolls is using them for kung-fu work-out dummies. By the time you get challenged by someone from the opposing camp who has his wits about him, you will have a good debate. And then of course there are those trolls who just need to be poked in the eye with a sharp stick.
The Republicans are already setting the stage for the tax fight in 2012. They keep talking about too much taxes and regulation. This is going to be their theme for 2012 if the Dems let them frame the debate. Dems need to start working on their own national platform and begin to frame the debate about Medicare, SS and tax cuts for the rich and corporations. If they wait until next year, it will be too late.
GOP phony cry of too much taxes is simply same old BS lies, revising of facts, and lots of GOP double speak. They say they want small gov't but demand more corp welfare - corp cuts, loopholes ,OIL subsides at expense of our kids education, seniors who spent all then had to go onto medicaid for nursing home care. GOP Gov's have even cuts disabled inc kids funding as new GOP Fla Gov did . Many new GOP Gov's like Wis Walker , Gov Christie , Gov Scott are greatly disliked in their states. Voters remorse in huge. Recalls as we speak. GOP ran on jobs in 2010 but did NADA for jobs went directly to more and more Corp tax cuts -perks , giant loopholes. So Will we be duped again ? Think logically Look at long GOP reign from Reaganomics deregulation -debt- - Bush crash TARP- wars - lies- greed- con judges - fear tactics about Iraq based on massive war machine profits. for Blackwater Halliburton Lockheed Weapons- tank makers War machine is making billions of death maiming kids losing parents . go to www.whitehouse www.congress.gov Speak out now Tell them Get out of Afghan / Libya wars asap Not worth the price we are paying in lives or trillions wasted Demand it stop
Dear Mr. Norquist,
Coca-Cola is not a quality product. It's been a bastion of thick tasting, corn syrup sweetened, overcarbonated, underflavored, vastly overrated mediocrity since the early 1980's. It doesn't quench thirst so much as make you fat and sleepy as it rots your teeth. It is a dead product that lives on as a label and a false, outdated image of what it "does for you." The never changing label is a reminder of the old days; the stuff inside is not even a distant cousin of the original product. a bottle of Coke from, say, the Eisenhower era or even the 1970's would taste so vastly superior to the dishwater they're peddling nowadays that if you could try one of each side by side you'd refuse to believe that the same company made them both.
You are right. It is the perfect symbol for the Republican brand.
Which party represents clean water, I wonder? That's my favorite beverage. It still tastes just like when I was a kid. Better, actually. I was encouraged to drink "products" like kool-aid and coke back then in the 60s. So I didn't value it so much back then. As if water were too simple, or beneath our sophisticated human tastes. There's nothing else like it on Earth!
Coca-cola started out as a cocaine tonic and has gone steadily downhill ever since.
Then people can stop buying Coke / McD's or whatever Its a choice people make In 50's, early 60's we never had soda at home It was a luxury
I'm challenge ANYONE who claims to support and/or agree with the fiscal goings-on of the Bush administration.... to show that they operate their own household finances in the same manner..
The Bush Administraion took its cues from Enron's Ken Lay. Unfortunately what Enron was doing was beyond illegal, as was the Bush Administration. Anyone who ran their household according to those principles would be in federal prison for tax fraud. At the very least.
What most people fail to realize when talking about the need to shrink the government, how much government has grow ect. We the population have grown and as a country/buisness grow so does the peopole making it work grow. In order to serve its consumers/people the need for a work force is needed to get the job done. Taxes need to be payed by all for roads, building, education,representation etc. Those that make more will of course be taxed more, it the extra taxes paid are to much to bear they can alway find a job making less. Continuing to cut taxes is of no service to the health of this country.
I agree. When they say "Tax Cut" we need to say "What are you cutting?"
Ten years ago we got the Bush Tax Cuts. Now as a direct result We get Medicare Cuts to pay for the Tax cuts.
with the all three branches of government now the wholly owned subsidiary of LARGE MONEY, will someone please explain how to buy back our government? lots of comments here stating the obvious, but no one with a solution. and don't say vote. LARGE MONEY owns both parties.Â
They have the Money
We have the VOTE
we just have to use it, and between now and 2012 we need Progressive Candidates!! who will have AMERICAS best interest in mind.
When was the last time you went to a political event? You can be involved at a local level, a county level, a state level, or at a national level.
These discussions are a beginning level of how you can become involved in change. Join the discussion, join the march, go to Walkerville.
Real change begins with getting off your butt and going out the door to find the other people who are acting to produce change.
If you don't believe that getting of you butt can produce change you need to go visit the Mid East.
Repubs always, when they are in office, increase government spending for the benefit of the wealthy and increase the size of government for the benefit of the corporations who pay them.. They truly are the party of plutocracy. I love love love Pat P's preamble - grabbed it for my fb page.
Expire the tax cuts and do nothing (except balance the budge over time) with the money. The result will be economic recovery.
Higher taxes -> More benefit from mortgage deduction -> more spending on housing -> more jobs for house builders.
Enough with the building of more homes already! We have an oversupply of those that includes a lot of foreclosed properties. We need to get out of the bubble mentality of the 90s that equated economic vitality with the number of homes built each year. We need to put construction workers to work, but it should be in infrastructure projects, of which we have literally trillions of dollars that need to be done just to repair and replace decaying roads, bridges, power lines, pipelines that already exist. None of that even deals with the necessary modernization and expansion that comes with population growth. The stimulus package, which repubs roundly criticize, (but eagerly used and touted when it became available), was almost 50% tax cuts, rather than construction projects. Time for corporations especially to pony up for the infrastructure like roads, utilities, bridges, ports and telecom that they need to be competitive, rather than begging the government for more handouts and dodging taxes at every turn.
I agree with the infrastructure concept but I push in another direction. We need to develope a new energy infrastructure. Last year solar was the biggest job creator as an industry.
A government report from the Bush years shows that our current fossil fuel infrastructure costs us as a society 150 billion dollars every year in health costs.
This hidden cost is not charged to either the producer or consumer. We all as a society pay the cost. And on top of that we subsidize this industry to produce more. If there is no alternative it makes some sense.
But alternative energy does exist and in many parts of the country it is already competing in price with fossil fuels.
Charge the to hidden costs to the producers and stop the subsidies. Develope green American Energy, reduce foreign reliance and keep our money here. And save thoudsands of lives annually as a by-product.
And last but not least-Screw the Koch Brothers!
Tax credits and deductions can be used to stimulate the economy. A tax cut without restrictions merely increases the person or company's wealth. We can give tax credits and deductions for hiring people in the US. Conversely, we can disallow tax credits for foreign operations, particularly if they come at the cost of US jobs. Finally, reciprocal tariffs on imported goods as well as regulations will revive the US economy.
but you sound like you want to try and help America!
snark/
I do have my faults.
and i have to admit that this fault is OK with me just wish many others had that fault.
An interesting point was brought up today.
Ten Questions on the Future of US Defense Spending Priorities for Secretary of Defense Nominee Leon Panetta By American Enterprise Institute, Heritage Foundation, Foreign Policy Initiative
And if so, how are those views to be squared with President Obama's proposal to cut America's base defense budget (as a percentage of America's GDP) to its lowest point in more than 60 years?
Why oh why do they never ever complain that taxation under Obama is at its lowest point (as a percentage of GDP) in many many years?
Please keep helping me! I'm perfectly capable of working, but my liberal friends say I don't have to because I'm a victim! Thanks so much for the designer sun glasses as well! What a bonus! America been veddy vedddy good to me!! Who cares about taxes - I will never pay them!
No one, lib or con, says you don't have to work because you are a victim. Good job of mocking the unemployed, Auntie. I'm sure you were doing that during the Bush administration too, when 800,000 people a month were losing their jobs in the fall of 2008. Or during the entire 8 years of the Bush administration, where only 1.5 million jobs were created, the worst record of any modern president. Despite the slow recovery, the Obama administration has added that many jobs in just its first two years. So, mediocrity was acceptable and celebrated when a repub was in office, but now that a dem is creating jobs at FOUR TIMES that rate, he isn't doing a good job?
Auntie, maybe you need to go to school to find a marketable skill, because as a troll, you are woefully inadequate.
A dem is creating them at 4 times the rate? A trillion dollar wasted stimulus and each job produced cost over $10 million? Obama should have just given the money to people! Sweetie, the majority of the jobs didn't start getting produced until this year. Nice try! When the Snapping Turtle was swinging the House gavel, she was asked many times where the jobs were. "The stimulus is working" was the programmatic response every time. LOL! Yeah, the stimulus saved us...right. It's also too bad that Barney Frank was too incompetent to figure out that Fannie/Freddie WAS NOT solvent like he said over and over. Famous Dice Roll notwithstanding. Funny thing is, dems will NEVER blame him for any of the housing meltdown either.
You were saying something about marketable skills...you might want to do the same thing instead of suggest it otherwise. Your stupidity is definitely no longer in question.
So if the tax cuts are such a wonderful idea, why did Bush create only 1/20th the jobs that Clinton did? If the wealthy ARE the job creators, where are the goddamn jobs?
Don,
If you’re reading this article online, it’s thanks to corporations. If you get some kind of paycheck, you can thank corporations. If you work for a non-profit or the government, you still have to thank corporations. The non-profit sector and the government wouldn’t have any money to pay you without corporations. It is also important that you understand that making a profit doesn’t equate to “greed” or exploitation. Capitalism has created the greatest society in our world’s history. Even communist countries need corporations to survive, so enjoy a nice, hot cup of reality.
Why did Clinton get the credit for the internet dot.com boom (and 'evil' high technology big and small corporations flourished, no thanks to any of his efforts), but not the blame for the dot.com bust that Bush inherited? Bush certainly wasn't the sharpest knife in the drawer and neither was William Jefferson Clinton. Rhodes Scholars usually aren't impeached for stupidity like simple lying.
You need to realize that government bureaucracy will waste most of your tax dollars, while the private sector will put your money to much better use. Even most Democrat politicians understand this to some degree, which is why Hillary’s socialist healthcare proposal was voted down by a majority of both Democrats and Republicans. Go to your local post office, Amtrak station or call the IRS to ask a tax question if you need a reminder about government inefficiency.
What else do you have Don?
So what is good for the wealthiest is good for me? No, it isn't. What was good for the economy and the American people was post WW2 manufacturing economy. What was good for the owners of production was cheap labor overseas, ergo what was good for them was American unemployment. Do you call that good for the nation? The computers that we use, whatever devices, were made overseas. Those factory workers don't pay taxes to the American govt. That is a deficit. The owner's of production get tax cuts because they are wealthy. That compounds the deficit. During a time of multple wars...what are you stupid? The wealthy put their money to work on Wall Street, playing games with other peoples money speculating and unbalancing prices for everyone and causing bubbles that threaten everyone. Is that remotely good for the nation? Further it is good for the owners of production to bust unions so that they can bring in undocumented workers to labor for a fraction of the price (e.g. meating packing plants, formerly unionized...now routinely staffed with Mexicans who are bussed in, and who are deported by ICE when they start getting uppity.) Hey, do you remember when Bush wanted to privatize port security away from the Coast Guard? Remember who he tried to line up for the job? Dubai Port World. Now THERE'S your free market solution! Good for you if you've got more money than God. But don't you DARE tell me that its good for ME. Good for me would be good wages, health care, benefits, and pension. But that's been out of style for thirty years. Ever since Reagan, may he spend eternity ever so toasty.
Personally, I'm more inclined to take what Christ said to heart. "Easier for a camel to pass through the eye of a needle than for a rich man to enter Heaven." I'd follow the man who upset the tables of the moneychangers. Who said "When you do it for the least of them, you do it for me. Render unto Caesar what is Caesar's, render unto God what is God's."
But I don't imagine you'd know a thing about that, would you?
Free enterprise is good for everybody. That is, those who aren't lazy and goverment dependent. Not sure what you mean about the 'what's good for the wealthy' statement. I'll take it as just another liberal soapbox point against capitalism. The computers were made overseas because if they were made in America with union help, they would cost as much as a used car and nobody would be able to afford them! You know what is ironic? The irony is that unions, which made the American middle class so strong and equal back in the 20th century, are poised to bring her down in the 21st century. Public unions are the worst. They are funded by the tax payer, but the tax payer has no stake in their decisions. I still with my one on one with my boss in the private sector. I earn it all myself without having to be a union conformist. Also, do you think racial quotas are racist? Can I hire the best fit for my company or does the government tell me who is best?
I suggest you take a good look at government spending before you even whisper not enough taxes. We can't spend what we don't have. The answer is a balance of more taxation AND budget trimming. Those people who you say are bringing in cheap labor - all republicans I bet too, huh Don? People like John Kerry, who never EVER voted down a tax hike on the tax payers, hates paying taxes himself. That's pretty sad since he and his wife are worth a cool billion plus, but are tighter than a snare drum. Perhaps you could help crack some of the rich democrats first before you label all republicans as fat cats. I'm not rich, but I don't believe in the BLAME THE RICH republican mantra you spew. Both parties are gulity of it. I believe in earning your keep, not demanding gov't handouts. Speaking of handouts, Bubba Clinton deserves an F for Welfare reform. How about drug tests for checks - that will eliminate most of the abuse. I know, liberals will say that infringes on their civil libereties. Actually no, since it isn't their money until they agree to the terms.
Reagan is spending his time in the same warm place as Fat Teddy. Though, I'm more than sure Reagan isn't boozing up. Maybe Barney Fwank could have mentored Reagan on economics, specifically using his 'solid' Fannie/Freddie guidance. Or, the newest liberal solution: Trickle Up Poverty.
Love your quotes, but the Roman Empire is long gone. I prefer "The problem with socialism is that eventually you run out of other people's money" and "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy." That couldn't be more spot on.
I'm also sure you don't know a thing about that either, wouldn't you agree?
I recognize you. You put on a dress and crawled over from The Ed Show blog.
Uff! This is one of the cretins I was telling you about!
Put on a dress? That sounds like the San Fran crew you hang with!
Let me guess - unicorns, glitter gold, rainbows and YES WE CAN!
Don't forget to register for the annual Chappaquiddick Ted Kennedy triathlon.
Drink, Drive, Swim.
Yikes, he/she is a true fount of right wing ignorance/arrogance/talking points/falsehoods! This person refuses to acknowledge the utter failure of supply side economics, despite massive evidence over the past 30 years that discredits it as one of the most destructive economic scams ever created...unless you happen to be that tiny fraction of a percent at the very top of the income ladder.
Apparently, we never should have even mentioned folks like this. It's kind of like saying "Beetlejuice" 3 times.
Upsetting Liberals in ...
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GOD BLESS AMERICA!
In the last two years under Obama, we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster, it would be doing 1,755 MPH! Over $4 trillion added when the failed stimulus is thrown in! Great work Barack!
All together now: BLAME BUSH!
Obama's Crisis Line: 1-800-BLAME-BUSH
Number 3 of the Liberal 10 Commandments:
III. Be creative about giving credit or blame. Be vague with cause and effect, but make it appear that anything good that happens while a Dem is President or anything bad while a Repub is President was caused to happen by that President. Examples? The economy began tanking while GWB was President—so claim vaguely that it occurred “on his watch.” Uncle Joe died during his term? GWB caused it. Dotcom bubble occurred during Bubba’s term? He gets the credit. Dotcom bubble burst during Bubba’s term? It burst because Bubba was leaving office and GWB was coming! See how easy this is?
Remember, Wall street needs to be regulated while Fannie Freddie does not!
Right 'Slobber Jaws' Barney?
That tiny fraction you speak about includes a LOAD of wealthy democrats. Going forward, please make sure you specify that in your arguments instead of the 'all rich people are Repubs.' Otherwise, clamp it Jed.
Mike Savage was indeed correct!
Great cut and paste job. At least you have mastered basic computer skills. Congratulations.
Cut and paste? All of Don's and your rhetoric has been seen elsewhere too. Kudos to your re-packaging efforts also!
Really? Where? YOU cite my sources! Wait, don't even bother. College American History. Newspapers. Because I've been PAYING ATTENTION!
You've been paying attention to the likes of MSDNC too! Don't worry Don, Comcast will be cutting the rest of the lefty hosts loose before the end of the year. Then, what will you do?!? Guess you'll be heading over to The Daily Kos!
Heavens to Murgatroid!
Gee, Auntie, I'm sure you'll be able to cite my cut and paste jobs, since you seem to be reading my posts with rapt attention. I'll be interested to see what you come up with, since I don't recall cutting and pasting a single thing for well over a year. But then again, as a good rightie, you don't need actual facts to back up your assertions. In fact, actual facts are anathema to right wing ideologues. As long as it makes a good story and manipulates people into shutting down their brains to follow the party line, that's all that matters.
Any other lies you care to tell about me? I'm all ears.
Let all the Bush tax cuts expire. All of them, mine included. I'm willing to help my country pay it's debt.
terrific idea and talking points. get it to the white house...and, hopefully, the president.
Some of the richest people in this country are actors and athletes which republicans and conservatives seem to dislike, but I guess you can't raise their taxes without raising taxes on those who run the corporations.
Well over a year? So, you HAVE cut and pasted before...imagine that! As a good lefty, you must believe that Obama saved the economy with his weak
arse stimulus and not the bailouts and TIME. You got a lot of nerve commenting on following the party line! You 'progressive' Moonbats are more
rabid than a dog ready to be put down and you are going to toss that garbage my way? Hoax and Chains partner - you voted for it and you'll see in
a little over a year whether or not they want to continue it. Bear in mind that a lot will happen over a year, not all of it positive for the
President. It is obvious that bin Laden is all but forgotten mainly because any Commander in Chief is going to give the 'yes' order. Well,
besides Carter. The most interesting thing will be who the democratic presidential opponent will be. I can't wait to see that party (or parties)
ripping into Obama's record! So, ultra lefty, remember that opinion is opinion, not the truth. Every network is guilty of it and straight news is
history. Yes, even Ms. Maddow's spins are not truth, but opinion. So is anything from FOX, CNN, NPR etc.
Maybe Don and yourself can go attempt teaching your version of College American History at Berkeley and you can create a new legion of
programmatic liberals. Make sure they don't drink and drive an Oldsmobile!
Best of luck to you 'all ears!' Speaking of ears, Obama should be able to pick up signals from outer space!