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Tuesday, September 20, 2011

This is not class warfare. It's math

A Few Important Views on the President’s Budget Plan | Jared Bernstein | On the Economy:


This is not class warfare.� It’s math.� The money is going to have to come from someplace.� And if we’re not willing to ask those who’ve done extraordinarily well to help America close the deficit and we are trying to reach that same target of $4 trillion, then the logic, the math says everybody else has to do a whole lot more:� We’ve got to put the entire burden on the middle class and the poor.� We’ve got to scale back on the investments that have always helped our economy grow.� We’ve got to settle for second-rate roads and second-rate bridges and second-rate airports, and schools that are crumbling.

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