We've been having two parallel debates in this country, one informed by rich people who want to steal American retirement security so the rich don't have to pay taxes on it. That side of the debate is exemplified well by Bill Keller''s embrace of Bowles-Simpson this morning. But the B-S recommendations would make matters worse, and even the WSJ is realizing that government austerity is hurting the economy.
Click here to view this media I came close to posting this bit the night of the debate and slamming Anderson Cooper for repeating the right-wing lie that 47% of Americans don't pay any taxes at all, conflating income taxes with the ... Read Post
This week progressives opposed to the GOP austerity agenda cut proposal gained some great talking points, first from a leaked Goldman Sachs study that projected the plan would decrease the GDP by 2 percent and raise unemployment by ... Read Post