Calling out Greenspan and Paulson for Pure Hypocrisy on Bush Tax Cuts vs. Deficits
I still can't understand why David Gregory has a job, when it takes another reporter from another network to show the hypocrisy Gregory's own guests are displaying right at his Meet The Press desk.
Fareed Zakaria argued on February 4 that the budget Obama inherited was completely broken in the first place, first by the Bush tax cuts and secondly by the prescription drug plan for the elderly and two wars that were "off budget." The Bush Administration set the next several generations up with a massive budgetary mess that will not go away with politics running the governmental show.
But Zakaria points out that even those who are NOT elected officials, including Hank Paulson and Alan Greenspan, are so subservient to the corporate overlords that they will not hear of rescinding the Bush tax cuts for the wealthy even after they wail over the horrible-ness of the deficits.
Until some grown-ups run the show in Washington, our Federal financial house will be a condemned hovel.
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