Monday, December 6, 2010

Krugman on Bush Tax Cuts: Don't Cut a Deal!

I have given and want to continue to give the Obama Administration every benefit of the doubt on most issues. I appreciate that to get things done with Congress or foreign nations (not to mention family!), you sometimes have to make deals that are less than ideal. However, sometimes you have to just say NO! So I see the need to stand firm on several upcoming issues: the Bush tax cuts for the uber-wealthy, DADT repeal, and ratification of the new START treaty. On the tax cuts, the subject of the post today, Democrats, led by the President himself, should make it clear: Republicans would rather raise taxes on everyone than let the very richest suffer a modest tax increase. Republicans would let unemployment benefits expire for those hardest hit by their recession. I agree with Krugman, and I learned from Bill Clinton. On this, it's time to draw the line in the sand. BTW, I sent the following message this morning to Senator Harkin (Grassley, of course, is hopeless).

Dear Senator Harkin,
I strongly urge you to work to repeal the Bush tax cuts for highest tax brackets. I understand that the Administration and the Republicans are looking at a deal, but the deal is a bum one for U.S. fiscal policy, for deficit reduction, for the health of programs supporting those most in need, and for the soul and spine of the Democratic Party. I urge you to resist such a deal. Of course, Congress should extend unemployment benefits, but not at the price of Republican blackmail.

Thanks for your attention to this and for your work on our behalf.

Steve Greenleaf

1 comment:

Tom said...

I so agree with you, Steve (and the authors. The whole thing infuriates me. I've written to my congress people and the White House today to let them know how much this outrages me.