there s a lot of common sense there. his point on the buffett rule is well taken. he of all people remembers that during the clinton years there was a tax structure in place that was more progressive than today, higher rates for folks at the top of the income scale and not only was the economy much more favorable to middle and lower income people, but we achieved a budget surplus, imagine that. so i think the voice of wisdom is speaking there. doug, are we missing a little common sense when it comes to economic policy? i want to echo jared s call for people to read the president s remarks. it was a remarkable performance, i think there was a lot of common sense in there, i would hope that his democratic colleagues would listen to his call to be serious about deficits this year and not as they re probably going to do today in the democratically controlled senate. but i m nervous because last year the president president clinton same to the same location and called on people
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point that says, in a june 28, 1985 speech, reagan called for a tax code. he did not have lower tax rate than his secretary. today obama calling for the same with the buffett rule. another calls for lyndon johnson ushering in medicare. and another with don t ask, don t tell and truman ending segregation. at this point let s put him next to mount rushmore next to george clooney and cast of glee. anyway, obama reminds me he reminds me of a guy at work who signs the birthday card without chipping in for the gift. the roommate who grabs a slice of pizza when he didn t help the pals paint the den. he loves spreading the wealth but man he is a 1% erwith credit. once you get a taste you want it all.
june 281985 speech, reagan called for a fairer tax code. today, president obama is calling for same with the buffett rule. #obamaiin history made its way around this. they joked a white house official tells fox it s common to add links to the bottom of each page to encourage people browsing more page on the site. fifth grade teacher at georgia elementary school apologized for forcing students to sign a penal prior to getting their yearbook -yearbook, to not scri. friends and supporters of former democratic presidential john edwards paid his mistress
politician or banker, that s not true. a lot of banks were important, not all the banks needed bailed out. wells fargo bought wachovia and did everything to help. that should be recognized too. but i understand that frustration, and i understand the frustration in equity. therefor i m in favor of progressive taxation. the buffett rule? i don t understand the buffett rule, exactly. more taxes on capital gain. i think most people on wall street would be happy to have the bush tax cut go away and pay higher capital gains if they thought it was part of a plan to fix everything. i do believe that. that s why, in effect, taxes is not the right thing. as a matter of fact, i think we should appeal to people s better nature and say, you re well paid, you benefitted from this great country, you feed to give a little bit more for now to help lift the country up. i do understand the anger, but we need solutions.