Wednesday, November 21, 2012

They've been wrong since forever....

Soon these bastards will have something else to bitch about so let's tune them out.

The Deficit Crisis Mongers Go Off the Deep End | NationofChange

This sort of warning, coming from people who have a near-perfect track record in being wrong on everything they say about the economy, would ordinarily be laughable. Unfortunately, these warnings come from people who have prominent positions in national policy debates. Therefore it is likely that such warnings will be taken seriously. The deficit hawks want to promote a sense of crisis because it is essential to advancing their agenda. If the January 1 deadline passes, the political ground shifts to those who just want to see an end to the Bush tax cuts for the wealthy. After January 1, the Bush tax cuts will have expired. This means that when President Obama pushes his campaign pledge to keep in place the Bush tax cuts for 98 percent of households, he will be asking Congress to lower taxes for 98 percent of the people, not to raise them for 2 percent. It would be difficult even for a Republican Congress to refuse this tax cut. The deficit hawks desperately want to avoi

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