Krugman: Obama and the One Percent

[hfojvt]

90. again with the false dichotomy

I was against the invasion of Iraq. Those who wanted to invade Iraq argued that my position was that Bush should "do nothing".

So again, I am against permanent tax cuts that favor the rich. And you, who want to applaud the permanent tax cuts for the rich that Obama enacted, say that I am arguing for Obama to "do nothing".

Those are NOT the only alternatives.

And for the record YES. Since, I am quite sure that the rich (the top 20%) got the vast majority of the Bush tax cuts, that letting them expire would mean that the rich (the top 20%) would be paying MOST of the tax increases.

But again, we are right back at Bush logic, where he claimed that his tax cuts would help the poor.

Now Obama, Krugman and his defenders will say "Obama had to give permanent tax cuts to the rich in order to keep the poor from paying higher taxes".

He did it for the poor.

Even though the rich got most of the benefits of what he did.

He did it for the poor.