Quote:
Originally posted by taxwonk
The point of the tax cuts isn't to inject more capital into the system. The point of the tax cuts is to inject more money into the hands of the wealthy. After 6 years of Bush, I would have thought this would be apparent.
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Im just noting what the media has told me in the past couple of days. Injecting more money into the hands of the wealthy is good because...[according to Bush] it injects more capital into the system.
So do you think this is a case of the left hand not understanding what the right hand is doing, an indirect subsidy to help save our precarious banking industry or a conspiracy to fuck the bond market?