Speaking of believing lies more strongly, you have a host of deficit fanatics on Capitol Hill who cling to the deeply held belief that tax cuts create more revenue. At least, that’s the only explanation I can come up with for this lunacy:
Top Republicans called on Democrats in Congress and the White House to extend all the tax cuts that are set to expire at the end of this year.
Sen. Judd Gregg (N.H.), the top Republican on the Senate Budget Committee, joined House Minority Whip Eric Cantor (R-Va.) in pushing for the extension of a series of taxes set to expire at the end of this year, including a series of cuts for households making more than $250,000 per year.
“If you want to do something to stimulate the economy, you could make clear that tax rates aren’t going to go up at the end of the year,” Gregg said during an appearance on CNBC. “If this administration really wants to stimulate, say they’re going to continue those tax rates — all those tax rates.”
This is the same Judd Gregg who says the deficit is unsustainable, that we will put a giant burden on our children and grandchildren if we increase the deficit. Gregg sits on the deficit commission. And he wants another round of tax cuts so we don’t fall back into the hellish days of the peace-and-prosperity 1990s.
He’s not alone. Jon Kyl admits far too much here.
WALLACE: We’re running out of time, so how are you going to pay $678 billion just on the tax cuts for people making more than $250,000 a year?
KYL: You should never raise taxes in order to cut taxes. Surely congress has the authority and it would be right, if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending. And that’s what republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans.
There you have it. You always have to pay for spending, say, to keep the unemployed from sinking into homelessness and penury, but you never have to pay for a tax cut. That’s the triumph of ideology. Why, next thing you know, someone will say we should raise taxes on the poor to pay for tax cuts for the rich! Oh wait…
Last night on CNBC, Wall Street Journal editorial board member Stephen Moore took this one step further, saying that he can’t “see the sense” of allowing cuts for the rich to expire, and then advocating that taxes be raised on the poorest Americans in order to finance tax cuts for the rich and corporations:
“I just don’t see the sense of this. In fact, if I could have my ‘druthers, I’d raise the ten percent tax rate to fifteen percent and lower the [top] rates…Let’s bring the [corporate] rate down.”
The ultimate example of this deficit fraudulence comes with the cuts to the military budget that the Pentagon and the political establishment have talked a good game about of late. Conservatives nod their head, rhetorically, but in the end, they work as hard as possible to maintain outdated weapons systems.
The White House has jumped on Kyl’s comments about tax cuts never needing to be paid for, at least. But you could spend the rest of your life pointing out this misinformation and never catch up to it all.





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I have written of my home state’s Senator Kyl and for many years. What he utters on FoxNews’ is no different than his historical preference, and that being anything that the Chamber of Commerce wants, it will get. However, the Spanish-speaking Community has a differing ‘take’ on Kyl’s interview.
Since it’s far too lengthy for a blog post, I will create a diary at the Seminal and should anyone be interested, take a gander. And titled, “The Era of Zilch has arrived”.
Jaango
The bond vigilantes ruthlessly express their disapproval for the orgy of government spending.
Or not:
Treasury sells 3-year notes at lowest yield ever
Economic historians will use the “fed audit” as the jumping off point in which they will eventually conclude that the “derivatives” from Wall Street in the the form of “credit linked notes” and sold almost exclusively to the Sovereign Funds, and which are monies owned by the respective citizens and not the respective foreign governments, was the ultimate cause, and not the housing bubble. Consequently, the “need” for a bank bailout, given that citizens from differing parts of the planet would have been outraged, not only of their own governmental agents, but of the United States, writ large, and taken to the street.
To wit, these Soverign Funds, would have been bankrupted. And a planetary upheaval, would have changed American politics, short of some “alien” announcing itself. In its stead, I suppose a Zombie would serve the same purpose.
Jaango
These people are on drugs and their hallucinations are unbecoming.
At least I knew when I was hallucinating.
I’ve seen Moore many times on Washington Journal and he seems to get more mean spirited each time. What a peach of a fellow to want to raise taxes on poor people. He’s just about tied with Larry Kudlow on the hate-the-poor-ometer.
“I just don’t see the sense of this. In fact, if I could have my ‘druthers, I’d raise the ten percent tax rate to fifteen percent and lower the [top] rates…Let’s bring the [corporate] rate down.”
???
…….That this character could go on tv, and say this, shows very clearly, how far down the drain things have gone.
I thought that was the Bush strategy. They kept throwing out more and more outrageous things, faster than you could keep up with it. an avalanche of cheating, lying, killing, polluting, fabricating science, and so on.
seems the strategy is still in play.
I come here a few times a day, and I am starting to find it tough to read this stuff.
How do you stick your head inside their latrine day after day, and not get crazed? and present a reasonable analysis of something as unreasonable and stupid as the above quotation.
really, how do you do it?.
hahahaha, love that one!
Hey, I know what the Republicans are about. I don’t find any of this surprising.
What are the Democratic party in DC prepared to do about it besides talk?
Pelosi does a hell of a simper!
It’s only a matter of time until someone is quoted saying “let them eat cake.”