rely on medicare but does not raise taxes by asking the wealthiest americans and corporations to pay their fair share. republicans claim raising taxes on the rich, would somehow kill the economy. well, i don t believe that class warfare is leadership. we could get into this tax the rich, tax the rich, but that s not the basis for america. and it s not going to get our economy going again. but this isn t true. president clinton raised taxes on the wealthy back in the 90s and the economy took off. when i became president, we had a different kind of recessi recession. but i asked the same, the wealthiest americans who had their incomes grow the month in the eight years before i took office and had had repeated tax cuts to give back some of that
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run for office and you have declared war on social security? when you look at any of the polls, 50% of americans are less inclined to support perry because of his stance on the ponzi scheme. this is a tremendous political third rail, as joe madison said. i think perry probably regrets writing those words in the book. i don t think it was smart politically if he was in a presidential run to do that. that said, you can tell perry is not going to use that phrase over and over again. by the end of the day, perry, romney, the other republicans aren t going to spend a lot of time talking about social security in this campaign. they are trying to i don t think they re even going to put out their privatization plans. that s not the issue they want to talk about. they want to talk about jobs and the economy. i think they ll go back to that at some point. you ll see less talk about this as they go forward. josh is seemingly not trying
class warfare. today, a defiant president obama put forth his plan for reducing the deficit. he wants to protect medicare and social security while making corporations and the rich pay their fair share in taxes. middle class families shouldn t pay higher taxes than millionaires and billionaires. that s pretty straightforward. warren buffett s secretary shouldn t pay a higher tax rate than warren buffett. there s no justification for it. we can t afford to do both. this is not class warfare. it s math. the president also took a tough stance against the republicans, promising he d veto any gop zedeficit plan that wast fair. i will not support any plan that puts all the burden for closing our deficit on ordinary americans. and i will veto any bill that changes benefits for those who
listen, put america back to work. give this president what every president should be entitled to, an up-or-down vote on his agenda, on his plan. put it before the select committee so it can t be subject to the cloture vote in the senate which could hold it up for eternity or to poison amendments in the house. an up-or-down vote on the economy and putting 14 million americans back to work lowering our deficit and creating fairness, that s what the country is trying for, reverend al. well, i agree with you. and i agree with the characterize around the country. congressman john larsen, thank you so much for your time. thank you. now let s bring in jared bernstein. he s now an msnbc contributor and senior fellow for the center budget and policy priorities. jared, when we look at the disparities in terms of income, it s amazing to me i just