Liars and Dupes

The left has been arguing for years that the Bush tax cuts went mostly to the wealthy and that the Obama deficits have been caused not by over-spending but by the Bush tax cuts. Those of us who pointed to the actual numbers indicating otherwise were (at best) ignored but usually attacked.

Well we have now rolled back the Bush tax cuts on the wealthy while leaving them them in place for everyone else.  And the affect on the deficit is…virtually nothing.  The estimate is that the new tax will raise about $60 billion per year (in reality tax receipts will be “unexpectedly” lower right on schedule of course).  And we’re still looking at $1 trillion-plus annual deficits.

It seems to me there were two kinds of leftists making the it’s all Bush’s fault argument: those who lied and those who were willfully duped.

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