Tag Archives: Income Inequity

Media and the Message. CNN; Retain Bush Tax Cuts

Please view the video, CNN’s Fareed Zakaria says the easiest way to cut the deficit is to let the Bush tax cuts expire.

copyright © 2010 Betsy L. Angert. BeThink.org

The day was Sunday, August 1, 2010. Former Fed Chairman, Alan Greenspan appeared on Meet the Press. When asked to discuss the Congressional debate on tax cuts, the man known to move markets, a person who leans to the “Right,” offered a decisive decree. In direct disagreement with Republican officials and the profitable corporations that fund countless political campaigns, Mister Greenspan declared, “Look, I’m very much in favor of tax cuts, but not with borrowed money. And the problem that we’ve gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day, that proves disastrous. And my view is I don’t think we can play subtle policy here on it.”

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