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View Diary: Why I'm demanding a better bill on tax cuts (181 comments)

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  •  So Congressman... (1+ / 0-)
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    Curt Matlock

    you have admitted that there is zero chance of the House Bill passing in the Senate.

    Are you proposing that no deal be struck and taxes be raised on all income levels in 2 weeks?

    If not, exactly what can be done to get the 60 votes in the Senate?

    What is your plan B?
    Let taxes go up for everyone,and send the economy into a double dip? Is that preferable for you?

    I am fine with fighting to improve the bill if possible,but scuttling the deal completely means what exactly?

    •  That would not happen (12+ / 0-)

      Let taxes go up for everyone,and send the economy into a double dip? Is that preferable for you?

      Why are you repeating Milton Friedman's economic policy?

      Tax Cuts simply do not create jobs or stimulate the economy. Austerity measures will crush it.

      President Coolidge had tax rates as low as 24% for the top tax bracket.

      Hoover came into office a few months before the 1929 crash. The low taxes contributed to the Great Depression. Hoover made many bad economic decisions.

      One thing he did right was RAISE taxes toward the end of his Presidency. The top bracket was raised to 60% range.

      That set up Roosevelt capability to enact The New Deal and brought us out of the worst part of the Great Depression.

      Reagan lowered taxes and it led to higher unemployment and was later force to raise taxes.

      Clinton raised taxes in the middle of a recession and brought our country into one of the most economically prosperous eras in our nations history. Bush gave us huge tax cuts and brought our economy to it's knees.

      You are ignoring history. You are ignoring facts. You are ignoring economics.

      But you have bought the Republican talking points. So has Obama. So have too many elected Dems.

      It's a sad day in America.

      "An exact science is one that admits loss" -- Genesis P-Orridge

      by jethrock on Mon Dec 13, 2010 at 03:58:32 PM PST

      [ Parent ]

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