2016 Postmortem
Related: About this forumNo, Congress, You Shouldn’t “Pay For” Extending Unemployment Insurance
The simple truth is, Democrats are still being outmaneuvered by Republicans on economic policy. Theyre letting the GOP call the shots, rhetorically, even though Republicans lost two out of three seats of federal government (the Senate and White House). They even lost the total popular vote for the House of Representatives.
Heres how Dems fumbled the economic debate. First, they seem to have accepted the Republicans insistence that there be no tax increases for corporations, which are reaping record profits, and the very wealthy, who are capturing a historically high percentage of our national income. Democrats have treated this as a fait accompli and barely even mention these tax hikes any more, even though theyre politically popular and urgently needed.
Then Democrats accepted the idea that any new initiatives, even those which address our ongoing economic crisis, must be paid for. Since new taxes on the wealthy are off the table, beleaguered poor and middle-class Americans are the only ones left to pick up the tab either through reduced services or indirect tax hikes that leaves corporations and rich individuals alone.
- See more at: http://crooksandliars.com/2014/01/no-congress-you-shouldn-t-pay-extending#sthash.GEvzxSjs.dpuf
Proud Public Servant
(2,097 posts)And they should pay for it by ending subsidies and tax loopholes for corporations and the wealthy. Put the 1% on notice: either create jobs like you say you can, or pay for the failure to do so.
1StrongBlackMan
(31,849 posts)And I suspect that as we get closer to the deadline (for funding government, again) and then, into the 2014 election cycle, we will see just these kind of "solutions", presented.