this, tame time to assess the seriousness of this virus as it moves forward. in the meantime, we have a job to do going beyond the current variant, which i hope is one of the last, but address what america needs to get back on its feet. we are focusing on helping working families. four years ago under the trump administration, there were tax cuttings for the wealthy. we re trying to cut the cost of living for working families across america. to do that, the build back better bill, you need all democrats to get this spending bill through and you know that, of course. every time senator joe manchin has been asked about the bill and the debate around it, he talks about inflation. yesterday he added the new variant in as a reason to pause, how he said it. let me play what he told reporters. inflation is now more than transitory, and on top of that you have this new strain of covid we re very much concerned about. no one know what is effect it is
sequestration, major cuts. separately all the tax increase tied to end bush era tax cut. fair? in a simple way? they knew the time to fix these across the board, nonsensable draconian cuts would be at the time that the bush tax cuttings were expiring because the whole thing was a head fake and people that signed on the deal at the cliff of default in august of 2011 knew in both parties they could rewrite this if they had to at december this last minute. after the 2012 presidential election. bret: isn t that a crazy way to run government? it s incredible. i m obsessed with the fiscal cliff. i wish i could tell you that members when you talk to hem are any further from their denial or closer to the reality of how quickly they have to forge consensus from november 7 to christmas eve. they are not. the new rumor is they will let everything expire and set in
you may think he s right or wrong and also strikes me a kind of war on competence and professionalism going on here and these insurgent candidates, one of the biggest things to advertise is they have never done it before and sometimes they don t know anything about the subject that makes them preferable. i find that disturbing. mike castle voted for the bush tax cuttings as a member of the house. was he nut, too? no. of course not. that s not my point at all. what about the democrats that said they would not vote for extending the tax cuts only to those making under $250,000? i don t think you have to be caucus. apparently people in your own party, eliot, that you think are nuts. no. i think anybody that buys this economic theory has not studied economics. 37 democrats in the house. has not studied our history and in fact economics. and in fact so that s the strategy. we re not insulting them. what we re saying, ralph
though. if you ask objective economists and am list around the country analysts around the country about what is effective you will find that everyone agrees that these giant tax cuttings for very high-income people are the least effective thing that we could do. glenn: really? which objective economists are those? and everyone agrees. am i a tax cut denier? is that what it is? it s it like global warming and the consensus? i wonder what you mean by objective. i speak bull crap. i m a recovering alcoholic. i spoke bull crap for years. everyone who agrees, the objective economists, are the ones who agree with the president s agenda on to everything. economists like you know, paul crugman who recently told a woman who asked him why isn t there 100% tax on the wealthy? that s a good idea. now, while that may not be the most effective thing to do for the economy, 91% says paul
though. if you ask objective economists and am list around the country analysts around the country about what is effective you will find that everyone agrees that these giant tax cuttings for very high-income people are the least effective thing that we could do. glenn: really? which objective economists are those? and everyone agrees. am i a tax cut denier? is that what it is? it s it like global warming and the consensus? i wonder what you mean by objective. i speak bull crap. i m a recovering alcoholic. i spoke bull crap for years. everyone who agrees, the objective economists, are the ones who agree with the president s agenda on to everything. economists like you know, paul crugman who recently told a woman who asked him why isn t there 100% tax on the wealthy? that s a good idea. now, while that may not be the most effective thing to do for the economy, 91% says paul