In The Tax-Cut Racket, Paul Krugman almost gets to the point I am making about this tax cut war.
Almost everyone agrees that raising taxes on the middle class in the middle of an economic slump is a bad idea, unless the effects are offset by other job-creation programs — and Republicans are blocking those, too.
If he could only get to the point of explaining that raising the taxes of the wealthy in the middle of an economic slump is not a bad idea if the effects are offset by other job-creation programs, then he will reach the epiphany that I have reached.
I am afraid that the previous paragraph’s cut and paste operation that I did on Krugman’s statement is too complicated for people to figure out on their own. Someone in the administration has to come out and actually say it explicitly.