An observation regarding State of the Union with Candy Crowley this past Sunday:
It looks like the decision of whether to extend the Bush tax cuts (for those making greater than $200k or $250k a year) is going to be an issue in the mid-term elections. It's even been previously discussed on this here blog with Republicans saying, with one side of their mouth, they care greatly about the deficit, but with the other side, saying we have to extend the Bush tax cuts for the wealthy. Moreover, they claim they want to extend the jobless benefits to the long-term unemployed but that it must be paid for but the extension of the Bush tax cuts for the wealthy does not have that same requirement because tax cuts pay for themselves (which is bunk).
Anyway, back to SOTU. In introducing the topic, Ms. Crowley played a recent clip of Alan Greenspan saying this on Bloomberg TV:
They should... let (the Bush tax rates) lapse... the problem is that unless we start to come to grips with this long-term outlook, we're going to have major problems.
Literally, within the next 2-3 minutes, Senator McConnell said this:
What they're trying to do is to argue... we ought to have a significant tax increase. I don't know the economists you're talking to but the ones I'm talking to are saying that raising taxes in a middle of a recession is not a good idea.
Ummm... did he not just see Alan Fucking Greenspan say taxes should be raised?!? And just so we're clear, Alan Greenspan is no "big government" liberal, Keynesian acolyte. He is a conservative icon (semi-disgraced though he may be with what happened in the last half decade).
Furthermore, viewers of Fareed Zakaria GPS will know (not that watching GPS isn't a prerequisite for being informed) that new Conservative Prime Minister of Great Britain David Cameron has raised taxes and cut spending in an effort to deal with UK public finances.
So, I guess consider this a plea for intellectual honesty. I am cynical enough to think that Americans will support tax cuts no matter what... but at least don't intentionally mislead people about the facts.
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