Robert Creamer: The Biggest Republican Lie -- 'America Is Broke'
The big lie in American politics today is that "America is broke" or "in this time of austerity we have to tighten our belts." America is not broke. We are not in a time of "scarcity" and when we buy into this fallacy, we contribute to political decisions that actually will do damage to our standard of living and that of our children...
...Remember that just over 12 years ago, under Bill Clinton, America had budget surpluses as far as the eye could see and the most prosperous economy in human history. Then George Bush and the Republicans cut taxes for the wealthy, conducted two wars on a credit card and intentionally tried to increase budget deficits so they could justify shrinking the size of the public sector and allowing big corporations and the wealthy to have a larger and larger share of the pie...
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