Thom Hartmann: The Gang of Six vs. 72% of Americans

[thomhartmann]

Run time: 07:53 https://www.youtube.com/watch?v=yk7HyaFk51U   Posted on YouTube: July 22, 2011 By YouTube Member: TheBigPictureRT Views on YouTube: 62   Posted on DU: July 22, 2011 By DU Member: thomhartmann Views on DU: 720

 
Joshua Holland, Editor, AlterNet joins Thom Hartmann. The American people have spoken - and it’s time Republicans AND Democrats listen. According to a new ABC/Washington Post poll - 62% of Americans want to see a balanced approach to raising the debt-limit that includes both spending cuts and revenue raises. And when it comes to what sort of revenue raises the American people want to see - the Republicans’ heads are about to explode. A whopping 72% of Americans support raising taxes on people who make more than $250,000 a year. Only 27% oppose. Not only that - large majorities of Americans also support: raising the Social Security tax cap - closing the hedge fund manager tax loophole - and cutting off taxpayer subsidies for big oil corporations. Curiously - none of these reforms are part of the Gang of Six deal that is now all the rage on Capitol Hill. So why isn't Congress doing what Americans want them to do - and that's just raise the debt-ceiling already - and get back to work creating jobs? And when it comes to creating jobs - can we once and for all agree that the real job creators aren't the millionaires and billionaires who are sitting on $2 trillion of corporate cash and not creating a single job - but instead the real job creators are working Americans who spend money and create demand?

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