Monday, September 20, 2010

Fiscal priorities

Deficit! Deficit! Deficit!

(whisper, whisper)

We can't raise taxes on the wealthy!

When it comes to cutting benefits for poor and middle-class seniors, or cutting the pay of our military personnel while forcing our veterans to pay more of their own health care costs — much of which likely resulted from illness due to their service in two long wars — what we hear from Washington elites is the great need for “shared sacrifice” to bring down the deficit. Yet, when debating the idea of allowing taxes on millionaires (and here it might be good to remember that two-thirds of the members of Congress are themselves millionaires) to return to what they were under Bill Clinton, it is all “damn the deficit we can’t let the wealthy suffer during this economic downturn!”
The insincere so-called deficit hawks won't actually speak the pseudo-quote at the end of the block quote, but their actions speak very loudly. They are not willing to raise taxes, even on the wealthy, the very same people who have gained every significant advantage written into tax law over the past thirty years, the very same people who gained virtually all of the financial bailouts, the very same people whose incomes have skyrocketed while everyone else's have stagnated.

Conservative Democrats are not on your side any more than the whole lot of Republicans are.

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