Sunday, July 22, 2012

Charles Krauthammer Can't Defend the Honor of the Bush Tax Cuts

This is a week or so old, but I didn't catch it until yesterday. On PBS's Inside Washington With Gordon Peterson, the topic of taxes came up, which led to this noteworthy exchange between the panelists (which included Margaret Carlson, Colby Washington, Mark Shields and Charles Krauthammer). Fun begins at 10:51.

Washington: Tell me about the jobs created by the Bush tax cuts on the wealthy. How many jobs did that create? Please? Answer?

Carlson: Zero. How's that?

Washington: Answer? See that's why...

Peterson: The silence was deafening.

Washington: That's why whenever you hear this point that taxing the job creators, when your raise their taxes, I didn't see the jobs when they passed the tax cuts.

Carlson: Bill Clinton raised taxes and created jobs.

You'll note that I didn't type up Krauthammer's rebuttal. But that's simply because Krauthammer didn't have one. Oh, he spoke all right, but he COMPLETELY ignored the question and went on to talking about how raising taxes would hurt small businesses, and blah blah blah. What's worse is that when he started talking, he rolled his eyes and had this "oh you liberals and your empirical evidence" look on his face that you couldn't help but want to punch a few times.

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