General Discussion
In reply to the discussion: "Seattle's Socialist City Councilor Offers Radical Response to Obama Speech" [View all]RC
(25,592 posts)That was the Republican talking point. Ending the tax cuts would have given the government money for long term unemployment compensation, expanding medicare, the Public Option, or even enacting Single Payer, Universal Health Care. It would have stopped the attempted raids on Social Security on false pretenses. No need for the President to present his idea for the chained CPI to save something that does not need saving, because it already has enough money to last for the next 35 to 70 years.
Ending those tax cuts would have given the government the money needed to repair and rebuild our still crumbing infrastructure. That means jobs. Living wage Union Jobs, with benefits. To say nothing about the spin-off jobs. Ending those tax cuts would have strengthened the recovery. As it is, mainly the 1% recovered nicely. The rest of us not so much.