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View Diary: Obama and Congress return to Washington for one last try (90 comments)

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  •  we are still in a recession (6+ / 0-)
    Recommended by:
    KibbutzAmiad, jm214, Aspe4, jabney, mkor7, allenjo

    unless you are part of the upper 2% of the income distribution, or work for the financial, defense contracting or fossil fuel/ resource extraction industries.

    Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

    by NoMoreLies on Wed Dec 26, 2012 at 07:53:38 AM PST

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    •  I prefer not to tie emotional stuff to economic (2+ / 0-)
      Recommended by:
      TFinSF, pistolSO

      terms. However, plenty here do; try some Bobswern diaries to start.

      The Mayans knew about Chained CPI!!!!

      by GoGoGoEverton on Wed Dec 26, 2012 at 07:54:51 AM PST

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      •  What "emotional stuff" are you referring to? (3+ / 0-)
        Recommended by:
        mkor7, allenjo, NoMoreLies

        It's pure fact that the recession is still affecting folks not in those categories.  

        •  Hey, calm down you two. What's there to be (0+ / 0-)

          "emotional" about?

          Apparently, some Establishment Dems are only expecting Americans to "work into their eighth decade of life."  What's to worry?

          Here's an excerpt from then President of The Democratic Leadership Council, Edward Gresser, testifying before the Catfood Commission in 2010.

          ". . . Other options could include offering ways to mix part-time and online work with partial Social Security benefits after age 67 and into the eighth decade of life, . . ."

          Here's the link to entire testimony.

          Seriously, we need to be about the business of throwing almost all of these bums out, not fighting amongst ourselves.

        •  Ah yes, 'pure fact'. (0+ / 0-)

          First off, you moved the goalposts so your comment would seem to make more sense; saying 'there still is a recession for X group of people' is different than 'the recession is still affecting folks not in those categories'.

          And your 'pure fact' is an 'opinion'. It's OK to believe in your opinions and think yours is based on legit factors, but it's still an opinion when you're speaking qualitatively.

          The Mayans knew about Chained CPI!!!!

          by GoGoGoEverton on Wed Dec 26, 2012 at 09:46:45 AM PST

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          •  Here are some facts for you: (0+ / 0-)

            93 percent of the gains in the 2009-2010 recovery went to the top 1% of US income earners. Much of that was gains on financial assets, i.e, hedge funds and other financial instruments, excluding real estate.

            Everyone else sucked wind. Look at income charts over even the past 30 years. If a "recovery" has no broad based benefit, we need to get a lot more radical about redistribution of wealth through Eisenhower-level taxation of the richest 5% of the income distribution, a wealth tax on extreme wealth, a financial transaction tax, and taxing capital gains at the same rate as wage and profit income. Not to mention removing the cap from FICA taxation to include all income.

            It's time for the rich to pay us back for the 40 year party they threw for themselves. Any cuts in programs that benefit the bottom 90 percent of Americans need to be taken off the table.

            Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

            by NoMoreLies on Thu Dec 27, 2012 at 02:25:44 AM PST

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