Tuesday, August 5, 2014
Mutually Assured Dishonesty
Yer ol Perfesser's gotten really weary of this meme:
The "deficit" is only reduced two ways:
1) Increase revenues.
2) Decrease expenditures.
Clinton raised some taxes, but he also cut services; he had a regime change in Yugoslavia to finance.
Lowbar hasn't raised taxes (GOPhux obstructionism)...and the wars just keep adding up.
Ergo, to reduce the 'deficit,' they HAD to reduce expenditures.
Clinton nominally raised taxes, but slick accountants (Arthur Anderson, anyone) and tax attorneys had work-arounds in place before the ink was dry. Services were cut, though rhetorically disguised in several ways, like 'ending welfare as we know it.'
Lowbar went full-on austerity, freezing gummint salaries and hiring, cutting programs, reducing services.
I'll give ya a hint: It WASN'T the military, the banks, the corporats, or wealthy white people.