From a Nobel Prize winning economist:
December 1, 2012, 5:37
What Defines A Serious Deficit Proposal?
….So I thought I’d look at the dollars and cents – and even I am somewhat shocked. Those tax hikes would raise $1.6 trillion over the next decade; according to the CBO, raising the Medicare age would save $113 billion in federal funds over the next decade.
So, the non-serious proposal would reduce the deficit 14 times as much as the serious proposal.
I guess we have to understand the definition of serious: a proposal is only serious if it punishes the poor and the middle class.
[emphasis in original]
Are you listening, Claire?