In the above video House Minority Leader Rep. Nancy Pelosi explains what this fight is really about. Let me be clear about what she meant. The middle-class gets to share the sacrifice among its members. The ultra-wealthy class gets to share the wealth among its members. This is a guaranteed way to keep the unemployment levels high. The middle-class will be so worried about their jobs that they won’t have time to riot in the streets.
You notice that when Republicans claim that some economic policy has failed, they say it is President Obama’s stimulus plan that failed.
Well, the stimulus plan halted the precipitous drop in employment levels that never were supposed to happen with the Bush Tax Cuts for the wealthy. (At least Bush told us that these tax cuts would create jobs.). So if anything failed, it is the Bush Tax Cuts for the wealthy. Yet the Republicans want to get rid of what stopped the downward spiral of the lesser depression and keep what started the downward spiral of the lesser depression.
How do they manage to sell this to the American public? Well, they have their own Faux Noise channel and the astro-turf political organizations funded in secret by billionaires.
Even MSNBC, the supposed left leaning network, is so afraid of the power of the right wingers or so in cahoots with them that they have gotten rid of Keith Olbermann and Cenk Uygur because they tell the truth too much. In this country, even the left wing is to the right of center. No wonder this country is about to topple over.