by Bill Scher | Dec 8, 2010 | Blog
Deal or No Deal? OurFuture.org's Bill Scher and Dave Johnson make their cases for and against the preliminary tax cut deal between the President and Republican leaders. Bill Scher's case for the deal is below. Click here for Dave Johnson's case against the deal. Why...
by Robert Borosage | Dec 8, 2010 | Blog
David Leonhardt in the NYT does a good service by laying out simply what $60 billion a year in tax cuts -- the amount that will go to those earning over $250,000 if the Republicans get their way (adding to their income an average of $25,000 per household -- with most...
by Robert Borosage | Dec 8, 2010 | Blog
Politics is not rocket science. Karl Rove and the political witch doctors like to pretend they can concoct mysterious potions to steal elections, but that’s just con man puffery. Politics really is mostly common sense. Democrats just got “shellacked” in an election....
by Robert Borosage | Dec 8, 2010 | Blog, Economy
So now we have the deal. In a society of extreme inequality, the rich – well represented by a unified Republican claque – will make out like bandits: An average tax cut of $25,000 a year for the top two percent (with much of it in six figure numbers for the wealthiest...
by Zach Carter | Dec 8, 2010 | Blog
President Barack Obama and Congressional Republicans are ready to mortgage the American economy to billionaires in exchange for a few months of unemployment benefits. This deal is easily the gravest economic outrage of the Obama presidency to date, and signals that...
by Dave Johnson | Dec 8, 2010 | Blog
Until this week here is what we heard over and over (and over and over and over and over): Because of budget deficits (caused by tax cuts for the rich and huge increases in military spending) we have to cut spending, not invest in the American People, put off...
