I've figured out the hostility to the President, and its not "Obama Derangement Syndrome"...

[hfojvt]

158. I think it matters a great deal whether we talk about 10% or .01%

Members of the top 10% are doing pretty well, eating their big slice of the pie. They just LOVE to point at the top .01% because it allows them to go on eating their pie without having the canaille ask them "hey, how come you get so much pie?"

Consider the accursed payroll tax cut, which even Mother Jones magazine thinks should have been permanent. About $3.4 billion of those tax cuts went to the top 1% and $4.3 billion to the bottom 20%. Yay, it's a victory for the 99%!!

But it's a big loss for the bottom 40%. Only $13.6 billion going to the bottom 40% compared to more than twice that going to the top 10% - $29.9 billion. There's an increase in inequality.

And the accursed payroll tax cut which cost $112 billion a year was a replacement for the making work pay credit which cost $57 billion a year.

Making work pay
$16.47 billion to the bottom 40%
$5 billion to the top 10%

accursed payroll tax cut
$13.6 billion to the bottom 40%
$29.9 billion to the top 10%.

There's $3 billion taken from the hands of the bottom 40% to put another $25 billion into the pockets of the top 10%, and even the very leftwing Mother Jones does not give a crap.

But the top 10% is NOT a tiny number, it is 11,000,000 households, and it may even include some editors who work at Mother Jones.