Krugman: Obama and the One Percent

[hfojvt]

12. failing to mention the richest 5% IS the lie

the REAL discussion is about "inequality".

To talk about the 1% avoids a huge part of that issue. Again, Krugman should know better.

The top 10% takes almost 50% of the pie. The top 1% takes 20% and the top 9% takes 30%.

If Obama, with Krugman's cheering, enacts policies which reduce the top 1% to 10% while maintaining the top 10% at 50% that does nothing for the bottom 90%.

But if you, Krugman, and Obama want to distract us with the top 1% as a way to screw the bottom 80%, then how dare I get in the way of "progress"?

And to continue to assert that "I don't understand the tax code" because I don't like tax cuts for the rich, is just pure ad hominem.