This time each year President Obama urges tax cuts saving the GOP the trouble of exerting themselves much. Like maggots eating away the dead flesh to prevent gangrene (too much taxation) tax cutting can go too far and start eating red, healthy muscle. Maggots after their work is done need to be doused with piss to kill them off (remember that if you have an open wound and flies lay their eggs in it). Tax cutting on the rich should have topped at 60%. The healthy infrastructure of the U.S.A. is being ate away and replaced globally by cheap labor and domestically by cheap illegal immigrant labor.
http://www.google.com/hostednews/ap/article/ALeqM5jeYmQnHmUVMMTpohHkMNA8Odwraw?docId=cb59100dd082478cad633 Obama Urges Payroll Tax Cut
http://www.voanews.com/english/news/usa/Obama-Urges-Congressional-Republicans-to-Support-Extension-of-Key-Tax-Cut-135059533.
http://www.nytimes.com/2011/12/18/us/politics/extension-of-payroll-tax-cut-passes-senate.html?_r=1
The rich may not mind the vast public debt with low tax rates as they can collect the interest paid on the U.S. federal debt themselves.
http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
http://www.npr.org/templates/story/story.php?storyId=126413824 'How to Lose a Trillion Dollars'
If the U.S. credit rating is down-graded again, some investors are sure to profit. Fitch warns that in 2013 it may drop if more budget cutting (or revenue increases) fail to occur.
http://www.reuters.com/article/2011/12/21/us-usa-fitch-idUSTRE7BK1V720111221?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29&utm_content=Google+Feedfetcher
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