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This blog is the work of an educated civilian, not of an expert in the fields discussed.

Saturday, November 03, 2012

Reality Is So Misleading!

Congressional Research Service published a detailed report, documenting the fact that reducing taxes on the wealthy does not, in fact, generate economic growth. Instead, the CRS found, the trickle-down model appears to be "associated with the increasing concentration of income at the top."
Republican economic policy deemed wrong is hurtful and Senate Republicans cry foul.

2 comments:

JackD said...

You don't suppose that report was withdrawn due to Republican pressure do you? I mean it's an independent congressional creature that is funded by congress and . . . naw, couldn't be any connection.

Joe said...

Right. It's like when the General Accounting Office was blocked from getting info on the Cheney Energy meetings. No partisanship involved.

I can understand the hesitance. Make too much trouble, McConnell will lead the way to filibuster their budget or something.

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