He has stonewalled congressional investigation on Soyndra, supports Eric Holder in the Fast and Furious investigation; where laws were clearly violated.

In short, Obama should be impeached since he has not protected and defended the Constitution of this nation. He has called it an outdated document. He’s not a president, he’s a traitor who has committed treason.

T.R. did not lose his ‘re-election’ He won relection in 1904 and chose not to run for a 3rd term in 1908. He ran on the as a 3rd party candidate in 1912 and lost when he came in 2nd. However, most would agree that if Taft had not been GOP nominee, TR would have beaten Wilson. TR was a true Republican, believed in the right to make a profit, but also in the right of the working people to make a decent living at not have to live at the mercy of the malefactors of great wealth.

The “BUT BUSH!!” posts are especially inane.

Pleasure to read your researched and reasoned posts, as opposed to the weak, ranting insults of some of the other posters.

Over the same period, the poor and rich escalated at the same rate, increasing by 16% each. It seems one reason the wealthy are paying a higher percentage of taxes (even with record low tax rates) is because the United States now has a smaller pool of Middle Class taxpayers + a bigger number of working poor who earn so little that they contribute few taxes.

If the “wealthy are responsible for 50% of the spending”, where are the jobs? The Treasury Department has said that only 1% of small business owners have an adjusted gross income of over $1 million. Yet 80% of the job loss since the recession began came from this sector.

Reducing the employee’s share of payroll taxes to 3.1% and extending it to employers would spur enough new consumer spending to add about 750,000 jobs, according to Moody’s Analytics. (Assuming the tax cut is offset by the proposed surtax on millionaires, beginning in 2013.) So is Moody’s “clueless about economic and tax policy.”

I’ll go with their forecast, not yours, that this proposal would not “put more of the middle class and working poor on the streets.”

And just to be clear Mary, I am not against tax cuts in general, only the accumulated Swiss Cheese tax advantages that benefit mostly the wealthy and corporations, part of what has contributed to skewing the Middle Class.

Stunning that you still believe all the propaganda you’re spoon fed from Democrats after $5 trillion more was added to our national debt in just the past three years (a 50% increase!). I recall your earlier posts where you insisted tax cuts don’t work. Now they do as long as high earners are punished. That small group is responsible for 50% of all consumer spending which drives our economy. How does punishing them help the economy? Answer: It doesn’t, but it does put more of the middle class and working poor on the streets.

That, in a nutshell, is why progressives should be ignored. They’re clueless about economic and tax policy.

The one-year payroll tax cut + a separate tax credit that Democrats have proposed for small businesses (that add workers) would cost $265 billion.

During the first round of payroll cuts, funds from the general budget were used so as not to penalize Social Security for foregoing a portion of its revenue.

This time, the Democratic proposal is to offset the payroll cuts via a surtax on those earning over $1M – designed to raise $267.5 billion over 10 years. The Republican proposal is to pay for it via federal job cuts and a pay freeze.