Wednesday, April 30, 2008

Bush Catapults The Tax Cut Propaganda Again

From Nothing to fear but nonsense itself by Steve Benen:

To hear Bush tell it, the economic anxiety Americans feel right now is somehow related to tax cuts that expire in 2011 — tax cuts that primarily don’t help the middle class or low-income families anyway.

In all seriousness, how many people who are worried about their families’ finances right now are going to say, “I’ve been really worried, but now that I know my tax rate will remain the same in 2011 as it is 2010, I’m feeling better again”? That, in essence, is what the president argued with a straight face this morning. The answer for economic angst now is maintenance of existing tax cuts three years from now.

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