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"Cruelty, Arrogance, and Fraud: How to Dismantle the American Middle Class in Three Easy Steps."

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"Cruelty, Arrogance, and Fraud: How to Dismantle the American Middle Class in Three Easy Steps."

Post by Guest on Fri Apr 15, 2011 10:26 am

I would have strongly preferred, for example, for the president to endorse a financial transactions tax that would both raise $125 billion a year and have the strong added bonus of some curb on the reckless trading and speculation on Wall Street. Most passionately of all, I wish the president would have made an investment in more middle-class jobs and reframed the debate by making clear that the D.C. establishment's single-minded obsession with long-term deficits when the unemployment rate is still close to 9 percent (and the real unemployment rate when you count the people who are too discouraged to look for work, or who are stuck in part-time or temp jobs when they want to be working full-time, is still around 17 percent) is wrong. I wish he had said, "Yes, we need to worry about deficits, and I have a long-term plan for dealing with that, but our top priority right now needs to be producing more jobs."


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