Hard-nosed Republican John Boehner met his match on “Meet the Press” when NBC News analyst David Gregory repeatedly asked Boehner if the tax cut for the rich would pay for itself.
Boehner, usually at a loss for words, would answer the question. The answer, of course, is no.
It was also no when President George W. Bush pushed through the tax cuts in 2001 and 2003. It will still be no if—through some misguided
Congressional gyrations—the tax cuts are retained. It was born with borrowed money and only adds to the deficit. What we have here is a false premise that continues to survive in spite of historical economic evidence.
It’s not the wealthiest people or corporations that call the tune in our economy — it’s the middle class. If I may mutilate a “horsey” metaphor, “You can lead a corporation to water, but you can’t make him invest.”
Look at what’s going on right now. Many corporations are making mucho profit but they are not hiring.
Republicans continue to cling to their old “trickle down” fallacy. Is it any wonder that every major recession in the past 100 years can be laid at their doorstep?
Letter to the Editor
Boehner meets his match
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