Friday, March 20, 2015

Paul Krugman has a must read story today: TRANSFER OF WEALTH TO RICHEST.

http://www.dailykos.com/story/2015/03/20/1372134/-Paul-Krugman-is-a-Must-Read-Today-Again?detail=facebook_sf

One of the reasons Paul Krugman is routinely marginalized by those with the power to do so is that he has a bad (for them) habit of putting into words what 'polite' people do not want to trouble their beautiful minds with, such as the monstrous con-job the current GOP budget is. When Krugman calls them Trillion Dollar Fraudsters, he's being restrained, if anything. What he's pointing out should be front page news and the lead story on the TeeVee machine news shows.
...outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing. And the question we should ask is why. ....I’m partial to a more cynical explanation. Think about what these budgets would do if you ignore the mysterious trillions in unspecified spending cuts and revenue enhancements. What you’re left with is huge transfers of income from the poor and the working class, who would see severe benefit cuts, to the rich, who would see big tax cuts. And the simplest way to understand these budgets is surely to suppose that they are intended to do what they would, in fact, actually do: make the rich richer and ordinary families poorer.
emphasis added           If you look at the comments on Krugman's editorial, the recs on the most popular comments are shooting up faster than you can click on them to agree, as people see the editorial this morning. The one currently at the top of the list is this one:
Jim - Cleveland 4 hours ago Why is this column the only place in this newspaper where this honest appraisal of Republican dishonesty appears?

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