General Discussion
In reply to the discussion: Krugman: The Great Degrader [View all]hfojvt
(37,573 posts)at redundancy of those blue links.
But saying a claim is nonsense, does not make it nonsense.
And you are correct in one respect, Krugman has NOT admitted, any more than Bush, that ATRA favors the wealthy.
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2224304
So if Krugman wants to point a finger at Bush and call Bush a liar, then there are three fingers pointed right back at him, because he has told the same damned lie and Krugman, unlike Bush, should know enough about economics to know damned well that he IS lying. That ATRA, in fact, favors the wealthy with permanent tax cuts.
And you should too.
When you claim that "Your entire point is ignoring the fact that the income tax is progressive," you are NOT denying that the Obama-Bush tax cuts favor the wealthy, all you are saying is "they must inevitably favor the wealthy because the income tax is progressive".
Which happens to be one of the same lies that supporters of Bush told to sell his accursed tax cuts in the first place.
Did I mention that I have been fighting those accursed tax cuts from the beginning? So I have heard these ridiculous arguments before.
But I did not expect to hear them from Obama supporters or Democrats.