I can see the NY Times headline now: “Democrats throw middle-class under the bus so they can punish the rich”—NOT!
That is though, exactly what they are doing.
I’m shocked (as I’m sure many others are) at just how deeply the left’s hatred of the “rich” runs. Obama’s reply about rasing taxes on the rich even if it failed to increase revenue, because it was fair makes a lot of sense now.
This class-warfare thing isn’t just a political ploy by the left, it is a real, scorched earth, destroy everything it that’s what it takes, war on the rich.
Sometimes I think it’s more of a war against the middle class by the political elites, including the limousine liberals. Note Warren Buffet arguing for a tax increase. On one hand it looks like negotiating with the crocodile to be eaten last. On the other hand I suspect it is the political elites’ and the limo liberals’ hostility toward economic mobility. Hey, Georgy Schwartz even admitted to it!
One liberal talker was saying that the average person spends at least 90% of his take home pay, but the rich spend far less, therefore they do not need the money. You mean they don’t invest that surplus for market capitalization, which makes possible more economic activity (more jobs)? According to the current political doctrine, more welfare generates more economic activity (Jerry Moonbeam Brown’s “less jobs, more welfare”. Flush Kalifornia down the toilet).