“If you give a mouse a cookie, he’s going to ask for a glass of milk. When you give him the milk, he’ll probably ask you for a straw. When he’s finished, he’ll ask for a nampkin…” This children’s book which I read to my son about hundred times years back now reminds me of the new Tim Geithner fiscal plan which we got a whiff of a few weeks ago. Republicans finally decide to give in on about $800b in tax increases and the Obama administration says they want $1.6T of taxes with spending cuts to be determined later. Any economic credibility that Geithner professed to have is out the window. The US economy is growing no more than 2% and his plan is to take 1% of GDP right out of the private sector per year. While this could be just awful DC negotiating, the optics now look like a giant money grab where the income of the top 2% is just a cookie jar for others to stick their hands in to eat as many as they want.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.