Tuesday, September 20, 2011

Republicans: Cry Havoc and Let Slip the Dogs of Class Warfare

Who Exactly Do Republicans Think is Winning This War?

Over the weekend the President telegraphed that he would be asking the Congress to pass an increased tax for those making more than $1 million a year.  As expected, the Republican response was outrage, outrage that someone would ask multi-millionaires to pay more taxes when the budget deficit was so great.  They trotted out the old standby, class warfare to describe the President’s proposal.


Class warfare...may make for good politics, but it makes a rotten economics,” Rep. Paul Ryan (R-Wisc.), chairman of the House budget committee, said on “Fox News Sunday.” “We don’t need a system that seeks to divide people...We need a system that creates jobs and innovation.”


Well lets look at a picture of the results of how income gains have been distributed in the last several decades.  And let’s take the highly reasonable position that if taxes do need to be raised to cut the deficit, it makes sense to raise them on the people that have gained the most.  So here, via the CBBP vis Jared Bernstein is that picture


As for a "system that divides people" does anyone think that such "division" is not on the first page of the Republican playbook? 


So, any questions?  Didn’t think so.

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