False Choices - NYTimes.com:
"...It is against this backdrop that Republicans have decided to play chicken with the nation’s credit — insisting on spending cuts while steadfastly resisting tax increases.
This is part of the modern doctrine of a compassion-free conservatism that’s using the fog of the fiscal crisis to push a program of perverse wealth inequality as sound economic policy: The only way to jump-start the economy is to slash taxes on the wealthy and on companies; the only way to compensate for the deficits that those tax cuts exacerbate is to slash benefits to the poor and vulnerable. It would be comical if it weren’t so callous..."
Meanwhile corporate America is sitting on a nice $2 trillion pile of cash. Wonder where that came from?
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