White House White Board: CEA Chair Austan Goolsbee Explains the Tax Cut Fight

[Tx4obama]

Run time: 01:57 https://www.youtube.com/watch?v=ma5np8PcaY8   Posted on YouTube: September 30, 2010 By YouTube Member: whitehouse Views on YouTube: 308   Posted on DU: September 30, 2010 By DU Member: Tx4obama Views on DU: 659

 
Introducing White House Whiteboard. In this first edition, Austan Goolsbee, Chair of the Council of Economic Advisers here at the White House, tackles the tax cut fight and what it means that Congressional Republicans are "holding middle class tax cuts hostage" as the President has said.

[Tx4obama]

1. I hope that next month...

he'll put the Job Loss/Gains BIKINI Graph up on his 'white board' ;)

Updated through to the end of August 2010
Red = The Bush Administration
Blue = The Obama Administration

[JDPriestly]

6. Why wait until next month? This is a great video.

Why not have a whole series of these videos available for people to watch prior to the election.

Thanks for posting this.

[QC]

2. Is he still the DLC's chief economist, or did he have to give up that gig? n/t

[sam sarrha]

3. here it is simple. the top 1% richest have 42% of all Financial wealth while the bottom 80% has 7% >

and 72% of debt 1% has 6 times the poorest 80% ...this is the best defination of a Plutocratic Cleptocracy... or plain ol Fascism

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

[Skink]

4. we borrow to give tax cuts.

the tea partiers must be livid.

[Tx4obama]

5. I'm bumping this up cause I think a bunch of folks missed it. ;) n/t

[JDPriestly]

7. K&R