Posted on 09/14/2010 2:03:19 PM PDT by i88schwartz
Jared Bernstein, chief economic adviser to VP Biden, says the administration's plan will build on the momentum of the growing economy.
"Anyone who thinks that these tax cuts for our millionaires and billionaires costing $700 billion over 10 years -- we we're just talking about the importance of that long-term budget under control. This is a great way to lose control of that and if you think an extension of one or two years is going to hold, I think that is very misguided political thinking," Bernstein said on FOX News.
(Excerpt) Read more at realclearpolitics.com ...
ML/NJ
If millionaires and billionaires don’t need the extra money then why aren’t these advisors talking about taxing established wealth?
They want to lock down a ruling class and make it impossible to achieve the upward mobility that we all naturally desire.
We are known by the company we keep. Biden’s buddy believes that the rich don’t need their money...
Funny - last I checked, it takes money to pay salaries/wages. Seems that these “nasty rich folks” might be able to hire more workers, if they had more of their money in the first place...
But Socialists don’t care. Any discussion of putting people to work, or “fixing” the economy are nothing but show. Their real agenda is so blatantly obvious - it makes one wonder how so many people are so blind to the truth. Then you just think - the public schools in most of this nation have been brainwashing students for decades now to the evils of capitalism, and the joys of socialism and so-called “justice”.
The list, ping
Let me know if you would like to be on or off the ping list
I just did today.
(quarterly estimates are due tomorrow for those who pay that way)
Mr. Bernstein,
You, your boss, and all his minions do not need all that extra power.
Therefore, on November 2, 2010, We the People will remove your party from power in at least one side of the Capitol on that date.
That should remove a significant amount of power from you.
HA! HA!
he’s as dopey as his boss....
Or maybe he wouldn't be.
Maybe he's just an f'n LIAR, like the rest of the Obama administration.
And democrat party, for that matter.
Just because the Democrats squander money and can’t pay their own taxes does not mean that they have the right to ask for more.
So give it to the state, because they're sure to waste it for you.
Someone who has not the slightest clue how jobs are created.
Someone with absolutely no business background.
Bernstein graduated from the Manhattan School of Music with Bachelors Degree in Fine Arts where he studied double bass with Orin O'Brien. He earned a Masters Degree in Social Work from the Hunter School of Social Work, and, from Columbia University, he received a Masters Degree in Philosophy and Ph.D. in Social Welfare. He does not have a degree or any formal training in economics.
This is who Obama is taking economic advice from? As I always suspected, Obama not only doesn't know anything about economics, but he apparently doesn't even know anybody who knows anything about economics.
The “momentum of the growing economy”?? Just WHAT growing economy is Mr. Bernstein talking about? Germany? China? India? It sure isn’t the US and just how are you going to “build on the momentum of a growing economy” in a foreign country??
So, is Obama going to give his to the government? So far he has spent millions upon millions for vacations for himself and his Wookie wife.
It’s not “extra cash,” it’s “their own cash,” Mr. Bernstein!
Where is this coming from, at best they are talking a two year extension?
Out of a $1.5 trillion, I could find $70 billion to cut.
You don't need two cars, take public transportation or walk.
Which economy is he thinking about? It certainly isn't the American economy.
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