Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Krugman: Obama and the One Percent [View all]hfojvt
(37,573 posts)35. no, I call them fools
they would only be liars, if they were doing so to defend Obama, and if they had the education in economics to know better.
Here's an example of how foolish they are.
The Bush tax cuts - a tax cut for the 99%.
http://www.ctj.org/pdf/bushtaxcutsvshealthcare.pdf
Yes, it is true. 68% of the Bush tax cuts went to the 99%. $1.4 trillion out of the $2.1 trillion total. What a victory that was for the 99%!!! Truly, WE, the 99%, got far more of the tax cut than the 1%.
Never mind, of course, that the top 20% got $1.5 trillion and the bottom 60% only got $313 billion. No, no, no, it is ALL about the top 1%. Everybody else is working class.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
103 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
tax rates apply to adjusted dollars. The tax loop holes greatly impact actual taxed dollars
Herself
Jan 2014
#1
Uh oh, I suspect Krugman is now going to get thrown under the bus for praising Obama.
stevenleser
Jan 2014
#3
Snarks, and boojums, come from Lewis Carroll's 'The Hunting of the Snark'
muriel_volestrangler
Jan 2014
#50
so, anyone who doesn't declare class war on the upper middle class is a fraud in your estimation nt
geek tragedy
Jan 2014
#48
I guess you could have cut a better deal by waving your Internet magic stick
geek tragedy
Jan 2014
#97
Sadly, Kraugman has become a full time cheerleader for this administration. Bummer. nt
Demo_Chris
Jan 2014
#32
Ouch! Shoot that messenger! Times are tough when Nobel-prize winning liberal economist has to
pampango
Jan 2014
#39
rule of practice: when one person argues with numbers, and the other responds
geek tragedy
Jan 2014
#47
FDR was a millionaire. It seems possible to be a millionaire and a liberal at the same time. n/t
pampango
Jan 2014
#75
So liberal economists are judged by different rules than liberal politicians. Got it.
pampango
Jan 2014
#78
No, it simply supports my contention that it would have to have roughly doubled. nt
MannyGoldstein
Jan 2014
#57