Incline Left!

Just another WordPress.com site

Boehner’s Lies

Joan Walsh at Salon.com has an on point piece about the regressive’s dissembling about extending tax cuts for the rich.
Spray-bronzed wonder (and House Minority Leader) John Boehner is stating — without an ounce of evidence — that allowing the cuts to expire will deepen the deficit.
Actually, the exact opposite is true:
This is the magical thinking that is the legacy of the Reagan years and the application (or mis-application, depending on your point of view) of Arthur Laffer’s famous curve.
In truth, eight years of higher taxation for the rich created an enormous surplus and added 22 million jobs to boot.

During George W. Bush’s reign? 3 million.

Advertisements

August 24, 2010 - Posted by | Uncategorized

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: