The Repuublican Party has initiated its calculated assault on the middle class all in the name of deficit financing. If they truly want to reduce deficit, why are they saying no to tax increase but yes to slashing of entitlement programs?
Contrary to what the republicans are misinforming us, evidence suggest that reigning in entitlement cost will do very little to reduce long term deficit yet there are compelling demand side argument to fund entitlement not to mention the humanitarian dimension.
The Republican supply side (reverse taxation) is flawed because it only works as best case scenario.
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