Americans agree: soak the rich
-Headline of the Day-
"Dear Dems: You can win the argument over Bush tax cuts."
Greg Sargent breaks out his swami turban and crystal ball and determines through the dark arts of necromancy and clairvoyance that, if Democrats follow Obama's lead on letting Bush's tax cuts for the fabulously well-to-do expire, then the Democrats will win that fight. How can he know this? Can he see into the far-flung future, where all is revealed?
Not exactly. See, it turns out that Democrats have already won that fight and all they really need to do is embrace victory. He takes a look at polling and finds the public on the president's side, Observe:
National Journal: 56%
Gallup: 59%
CNN: 69%
CBS: 56%
Newsweek: 52%
So will Democrats embrace victory and go into the November elections with a winning, populist message?
You're kidding me, right? Half of them will try to out-Republican the Republicans and, in the process, create the impression that the GOP is right. Then they'll go on to lose their races to Republicans who out-Republicaned them.
It's the Blue Dog way. (Plum Line)
-While we're on the subject...-
So, what did the wealthy do with all that money they saved with Bush's tax cuts -- did they invest in America, "create" jobs, and make our nation stronger and more secure?
Pfffft! Please...
"According to the the U.S. census US capital investment in foreign countries has gone from $1.3 trillion in 2000 to $3.2 trillion in 2008 while at the same time the Bush tax cuts which overwhelmingly went to the wealthy cost 1.3 trillion per politifact," we're told. "So the wealthy essentially took their tax cuts, intended per the Republicans to spur U.S. jobs, and invested them and more in foreign countries, not the US."
Why do the rich hate America? (Talking Points Memo)
-Bonus HotD-
"Stark Republicans pick treasurer candidate."
Sadly, enraged meth head Phil Davidson didn't get the nomination. Democracy has surely died. (Canton Repository)
