Tina Dupuy: When I hear “entitlement society” I think, “country club.” But When Mitt uses that phrase he doesn’t mean rich guys like him, given all the advantages of wealth, who are now enjoying its comforts – he means the rest of us.
Steve Hochstadt: The calls to flatten the income tax, to eliminate welfare payments, and to repeal regulation of industry are about going back to an earlier America, where the rich and powerful could use their advantages without hindrance.
Paul Loeb: Did you know Obama’s health care bill contained a $20 billion a year tax on the richest Americans? I didn’t until I stumbled onto a mention of this the other day.
Steve Hochstadt: Conservatives don’t say that the US isn’t rich enough to care for such people; they say all the time that we are the most prosperous nation ever. They say they don’t want to pay for them. That’s why I’m not a conservative.
Tina Dupuy: The reason why Occupy Wall Street is resonating still with Americans is because there are those who’ve been living with shame for what they see as not being self-sufficient…enough.
Shamus Cooke: If pro-democracy or anti-austerity movements emerge victorious, they’ll have an immediate problem to solve — how to pay for their vision of a better world.
Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?
Alvaro Huerta: To be a real champ, Obama now needs to end the tax cuts for the rich, withdraw all troops from Iraq and Afghanistan, and get the DREAM Act passed.
Tina Dupuy: “The rich create jobs” is a well-worn catch phrase from right-leaning political yappers who give this 1% all the credit when it comes to the financial health of the country. But the rich are not, in fact, the venerated “job creators.”
Andrew J. Schatkin: In an age that emphasizes money, materialism, outright greed, and admiration for the rich and powerful, Jesus offers an alternative.
Robert Reich: Public budgets are in trouble because revenues plummeted over the last two years of the Great Recession. They’re also in trouble because of tax giveaways to the rich.