Papantonio: Tax Cuts for Billionares?

[GoLeft TV]

Run time: 06:53 https://www.youtube.com/watch?v=MSA57nrEdYU   Posted on YouTube: September 07, 2010 By YouTube Member: golefttv Views on YouTube: 2   Posted on DU: September 07, 2010 By DU Member: GoLeft TV Views on DU: 882

 
The only way to fix the economy is to give billionaires more money. After that, we must pray to these billionaires and hope that they answer our prayers and pass that money onto the rest of us. Sounds crazy, right? Well that's exactly what the GOP wants us to believe. Mike Papantonio takes on a gaggle of rabid right-wingers on CNBC's The Call to spread a little truth about trickle-down economics.

[MissMillie]

1. Unprecedented job creation?

Compared to what????


Compare like cycles, and... well..... pretty lax-luster:

http://www.epi.org/pages/journal_winter2006_boom/

[Crowman1979]

2. uggghhhh I can't stand CNBC!

[timefortherevolution]

3. The fox-bot blonde's response is priceless...

What's wrong with increasing work productivity while cutting benefits, wages, etc???

Then pulls that patriotic BS out of her a---.

Priceless.

That is the mentality of our elected leaders, totally buying into Wall Street.

[Moostache]

4. I would pay money to watch Kudlow get beat with a pipe.

Other than that though, I won't give more than 2 seconds of my time to watching him...well, I take that back...I WOULD watch video of him catching fire as well.

That smug fucking ass-wipe is an affront to humanity and should be beaten to an inch of his life and then told to buck up and pay for his own health care out of pocket.

[Crowman1979]

6. Preferably a crack pipe, since Kudlow use to have a penchant for nose candy.

[Jim_Shorts]

5. Corporate media at its best

4 corporate shills vs 1 -- a page right out of the fox playbook

If the tax cuts create jobs then WHAT HAPPENED THE LAST TEN YEARS

They should just take a flamethrower to that studio

[kag]

7. So from 2003 to 2007, 8,000,000 jobs were created, huh?

And when did the Iraq war start? Oh yeah! 2003! Suddenly tens of thousands of reservists were sent off to war, opening up their permanent jobs to new workers, and companies that feed off of the DOD TIT (to borrow a metaphor) had lots of government contracts, allowing them to hire people. But Bush never put that money on the books, so it looks like all of a sudden a bunch of new jobs came out of nowhere.

But what happened in 2007? Oh yeah! The economy crashed! Why? Because Dubya wasn't policing Wall Street! In fact, he had put Wall Street in charge of policing itself, along with the oil, insurance, and real estate industries. AND we're still fighting two wars off the books, and people were starting to notice that the deficit is rising too fast to just pin it all on the next administration (not that they're not trying).

But, but, but...the tax cuts were still in place. Why didn't that just magically fix the problem? My theory? Because Kudlow pulled those numbers out of his fat ass!

:rant: