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Monday, December 6, 2010

Origins Of Speciousness

Fox"News" has been all about trying to show that the Bush Era Tax Cuts not only didn't add to the deficit, but the economy they were designed to save in the first place - which they didn't - is going to be thrown into further turmoil if they aren't extended.

Here's Dana Perino still thinking she's Bush's Press Secretary putting forth the clearly false narrative that it's the Democrats fault that the Bush Tax Cuts had an expiration date.

Considering that Republicans held majorities - albeit slim ones - in both Houses of Congress at the time this legislation was put forth, Perino's assertion essentially falls flat. And even though there would be required a certain amount of Democratic votes, the timeline of the cuts was already in the initial legislation.

The reason for this was twofold:

First, their needed to be a sunset provision in order to prevent the deficit from exploding to such an extent that the Republican could clearly be blamed for it. Not that that would matter, seeing as how upward of 86% of our debt was created by Republicans anyway.

Secondly, it was to create the alleged "trap", as Republicans are at least smart enough to know that they and their policies can't stay in power and intact forever. It was a near perfect tool to use during a Democratically controlled Washington - be it the White House or one or both Houses of Congress. Ultimately, the blame cannot and shall not fall at the feet of those that created the issue to begin with.

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