The economists who support the tax cuts

William K. Black writing on the Huffington Post:

You know the Obama administration is desperate when it creates a web page citing economists who support its capitulation on taxes. And what do you know, these economists are all "wealth managers" or from major banks. This shows that Obama is continuing to promote the views of his virulent opponents, who gloried in and profited from the Democrats' recent electoral and legislative defeats.

Simultaneously, his administration is launching another petulant attack on his strongest supporters. The administration's daily floggings will continue until morale improves among progressives -- and generations of political scientists will marvel at this administration's self-destructive reflexes.

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Read the full piece: The Effort to Claim That Economists Support Obama's Capitulation on Tax Cuts for the Wealthy


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