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The Tax-Cut Racket(Krugman:GOP kills middle class with tax-cut)
PAUL KRUGMAN ^ | 09/16/10 | PAUL KRUGMAN

Posted on 09/17/2010 5:53:47 AM PDT by TigerLikesRooster

The Tax-Cut Racket

By PAUL KRUGMAN

“Nice middle class you got here,” said Mitch McConnell, the Senate minority leader. “It would be a shame if something happened to it.”

O.K., he didn’t actually say that. But he might as well have, because that’s what the current confrontation over taxes amounts to. Mr. McConnell, who was self-righteously denouncing the budget deficit just the other day, now wants to blow that deficit up with big tax cuts for the rich. But he doesn’t have the votes. So he’s trying to get what he wants by pointing a gun at the heads of middle-class families, threatening to force a jump in their taxes unless he gets paid off with hugely expensive tax breaks for the wealthy.

Most discussion of the tax fight focuses either on the economics or on the politics — both of which suggest that Democrats should hang tough, for their own sakes as well as that of the country. But there’s an even bigger issue here — namely, the question of what constitutes acceptable behavior in American political life. Politics ain’t beanbag, but there’s a difference between playing hardball and engaging in outright extortion, which is what Mr. McConnell is now doing. And if he succeeds, it will set a disastrous precedent.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: deficit; insanity; krugman; taxcut
More from Nobel madman.
1 posted on 09/17/2010 5:53:48 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 09/17/2010 5:54:21 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

find out what Krugman has been drinking for Lunch ... I want a CASE!!!


3 posted on 09/17/2010 5:56:29 AM PDT by gwilhelm56 (Enough of Obama's Recovery ... Can I have my Bush Recession Back??)
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To: TigerLikesRooster

Does Krugman have a parasitic disease affecting his brain or some other form of dementia?

He makes no sense, whatsover. The facts of economic history stare him in the face, unnoticed.

Once when asked about his Halloween masquerade plans, Reagan joked he was going to slap some egg on his face and come as an economist.


4 posted on 09/17/2010 5:57:47 AM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: TigerLikesRooster
Since the Bush tax cuts all Krugman and other Dems have had to say was that Bush just cut taxes on the rich. Now that the tax cuts are set to expire, he discovers that most went to the middle class!

They are liars and they have lost any moral authority that they claim they had to complain.

5 posted on 09/17/2010 5:58:09 AM PDT by NeilGus
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To: TigerLikesRooster
LOL. Oh the twisting and spinning that these dufus libs have to go through to come up with talking points to support their ignorant policies. Mitch McConnell as the mob?!!! Krugman, You Cannot Be Serious??!!!


                               The Mob Boss                                                               Not the MOB boss

6 posted on 09/17/2010 6:03:41 AM PDT by Servant of the Cross (I'm with Jim DeMint ... on the fringe baby!)
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To: TigerLikesRooster
Whistling past the Laffer Curve....
7 posted on 09/17/2010 6:07:52 AM PDT by Niteranger68 (I believe in man-made political climate change.)
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To: TigerLikesRooster

quick, somebody send this man a case of Glenn Beck Duct Tape before it’s too late


8 posted on 09/17/2010 6:10:31 AM PDT by Buckeye McFrog
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To: Servant of the Cross
OBAMA-IN-JAIL-2sm
9 posted on 09/17/2010 6:42:44 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: TigerLikesRooster
Overspending, not "tax cuts" is the cause of debt.

Income belongs to the people who earned it - not to the government.

Letting people keep more of what they have earned is not a "giveaway".

Wealth is not a synonym for "income".

"The Rich" is not a synonym for "earners"

Only income earners pay taxes.

Businesses only create jobs when they are rewarded for being successful.

Government creates no wealth, it can only spend or destroy it.

Government spending is not a synonym for "investment".

The middle class is being systematically destroyed by overspending, over-taxation, and over-regulation; all of which is an intentional effort on the part of Progressives to make more people dependent on government, meaning: on them.

Paul Krugman is among a cadre of Progressive intellectuals who ever seek to provide both rationale and encouragement for violations of our Constitution and the inalienable human rights it explicitly recognizes. As a moral matter, he is no better than the man who lets thieves hide from the police in his attic. Even worse: he encourages the police to act like thieves.

10 posted on 09/17/2010 7:07:08 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: TigerLikesRooster

Krugman is all for spending another trillion dollars in “stimulus” money stolen from the taxpayers. But God forbid Krugman and the rest of the Democrat bourgeois allow Americans to keep more of their own money to start with.


11 posted on 09/17/2010 8:12:35 AM PDT by VeniVidiVici (It's easy being a communist when you're rich.)
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To: TigerLikesRooster

Krugman is a socialist who got his economic degree from a box of Cracker Jack.


12 posted on 09/18/2010 5:51:03 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: TigerLikesRooster
Dear a-hole Krugman:


13 posted on 09/18/2010 5:53:37 AM PDT by Oceander (Tag. You're it.)
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To: TigerLikesRooster

It gives me a good chuckle that Krugman has become so self-righteous that he’s trying to seel Mitch McConnall as a mobster.

Can you imagine Mitch saying, “Leave the gun, take the Canoli?” Or how about “SAY HELLO TO MY LITTLE FRIEND!!!”


14 posted on 09/28/2010 11:58:20 AM PDT by Mr. Silverback (Anyone who says we need illegals to do the jobs Americans won't do has never watched "Dirty Jobs.")
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