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Friday, September 16, 2011

Robert Reich (The Election of 2012: Why the Most Important Issues May Be Off the Table (But Should Be On It))

Robert Reich (The Election of 2012: Why the Most Important Issues May Be Off the Table (But Should Be On It)):

The Election of 2012: Why the Most Important Issues May Be Off the Table (But Should Be On It)

We’re on the cusp of the 2012 election. What will it be about? It seems reasonably certain President Obama will be confronted by a putative Republican candidate who:

Believes corporations are people, wants to cut the top corporate rate to 25% (from the current 35%) and no longer require they pay tax on foreign income, who will eliminate capital gains and dividend taxes on anyone earning less than $250,000 a year, raise the retirement age for Social Security and turn Medicaid into block grants to states, seek a balanced-budged amendment to the Constitution, require any regulatory agency issuing a new regulation repeal another regulation of equal cost (regardless of the benefits), and seek repeal of Obama’s healthcare plan.

Or one who:

Believes the Federal Reserve is treasonous when it expands the money supply, doubts human beings evolved