*sound of penny dropping*
Saul, Cloward, Piven,: Move On over
Math FAIL
[Obama’s new book] “A New Era of Responsibility: Renewing America’s Promise. The President’s Budget and Fiscal Preview” (Government Printing Office, 141 pages, $26; free on the Web). This is the U.S. budget for laymen, and it’s a must read.
Turn immediately to page 11. There sits a chart called Figure 9. This is the Rosetta Stone to the presidential mind of Barack Obama. Memorize Figure 9, and you will never be confused. Not happy, perhaps, but not confused.
Messrs. Piketty and Saez have produced the most politically potent squiggle along an axis since Arthur Laffer drew his famous curve on a napkin in the mid-1970s. ...Piketty-Saez is a moral argument for raising taxes on the rich.
Mr Grumpy
Posted by Claire on 03/16 at 10:23 AM
Let’s compare that with the other chart, the one that shows % of Federal Tax Revenue paid by the top earners.
Posted by ZZMike on 03/16/09 at 02:45 PM
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