House Majority Leader Rep. Paul Ryan (R-WI) and House Speaker Rep. John Boehner (R-OH) are the Grinch and his dog Max who along with the other Republicans in Washington are stealing Christmas from America. The stealing of Christmas from America is going on as part of the ongoing “negotiations” related to the raising of the debt ceiling and has nothing to do with anything but hubris and insanity.
Ronald Reagan ran against a $1 trillion national debt in 1980. Reagan, Bush I and Bush II gave corporations and millionaires a series of tax cuts and tax eliminations which were supposed to spur investment and create jobs and make the economy grow. What America got from Reagan, Bush I and Bush II is a nearly $14 trillion national debt and the Republican plan to “fix” the problem is to destroy Medicare, Social Security, unions and what is left of America’s Middle Class.
Albert Einstein said on definition of “crazy” is to “do the same thing over and over expecting a different result.” Republicans will do nothing but oppose any debt reduction plan of President Obama because they think voters will blame the President if the entire country and the world are thrown into economic chaos!
The Grinch House Majority Leader Ryan and Max the Dog House Speaker Boehner want us all to believe that yet ANOTHER bigger and better round of Reagan, Bush I and Bush II tax giveaways to the corporations and millionaires will fix the economy even though the past Reagan, Bush I and Bush II policies gave us the Great Recession and $14 trillion in national debt! The Grinch and Max the Dog are stealing Christmas from America because if only corporations and millionaires can afford it, Christmas is gone!
So, we are at an impasse and the crazy Republicans will throw the country and the world under the bus if the President and the Democrats don’t let the Grinch and Max the Dog have their way. It’s time for the Grinch and Max to abandon their craziness and to learn the true meaning of Christmas—Christmas is for all us here, not just corporations and millionaires.
Greg Zornick at the Nation describes the "deficit plan" as follows:
"The plan slashes taxes and could bring the top personal income rate down as low as 23 percent—meaning CEOs like Jamie Dimon and Lloyd Blankfein could see their after-tax income increase by as much as $3 million, according to Dean Baker, co-director of the Center for Economic and Policy Research. The corporate tax rate would be reduced from 35 percent to between 23 and 29 percent under the proposal. (Supposedly enough loopholes would be closed to keep total revenue from corporate taxes the same. Even in that scenario, corporations won’t pay an extra penny). Military spending also remains virtually untouched.
Meanwhile, the harm done to seniors, students, working families and others under the Gang of Six plan is unmistakable. Social Security benefits would be reduced, and there are also cuts to Medicare and Medicaid. Students and the disabled would lose some federal government support. "
Lots of cuts for seniors and the poor, none for corporations. http://www.thenation.com/blog/162193/who-will-suf…
This, from the Editors of The Nation:
"The Republicans have once again shown themselves to be a party, to paraphrase Nobel laureate Joseph Stiglitz, of the 1 percent, by the 1 percent, for the 1 percent. It is a party that accepts no new taxes, no closing of loopholes, no crackdowns on overseas tax havens and no increase in corporate tax rates, even as the biggest corporations pay little or no taxes on billions in profits. It is a party that embraces savage cuts in the social safety net but then draws a line in the sand to protect the wealthy. To Republicans, shared sacrifice is anathema."
http://www.thenation.com/article/162001/debt-ceil…
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Lots of cuts for seniors and the poor, none for corporations