Both add to the deficits. The issue is whether tax cuts for the rich are necessary. They're not.
That add unnecessarily to the deficits. The middle class is struggling and has been losing ground for years. In tough economic times it doesn't make sense to add to their struggles.
The facts are pretty clear. There is an increasing concentration of wealth at the very top. The middle class is shrinking.
If that doesn't concern you then there's nothing to discuss with you. It concerns me and other thinking people. Also, the debate over tax cuts for the rich further exposes the sheer hypocrisy of Republicans who were yelling and screaming about deficits.
Republicans never cared about the deficits and were only using that as a weapon against President Obama, even knowing that he was trying to stimulate the economy that their bad policies had crashed. In addition, we note that Republicans had nothing to say when Bush was turning Clinton's budget surpluses into record-setting deficits. This latest tax cut issue demonstrates that Republicans use the deficit issue as convenient solely for propaganda purposes.
No one is claiming that the middle class portion of the tax cut extension won't increase the deficit/debt. It's politically improper to say so, but no one is denying it.
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