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Obama, The GOP & Tax & Budget Cuts (Robert Reich w/ Cenk)

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Uploaded by on Apr 11, 2011

MSNBC host Cenk Uygur speaks with former Clinton Labor Secretary Robert Reich on the Obama Administration negotiating with the Republicans on budget cuts and taxes.

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  • Foir every $1.00 in debt for Obama on day one he has increased it to $1.80 in three years! Or the equiviliant of 65 cruise ship disasters a day. Obama deficit spends the equiliviant of 15 to 20 US Aircraft Carriers (with planes)a month. Bush 1 Aircraft Carrier a month. Obama will spend all the money in the universe if he is given 4 more years. He is squandering our national wealth.

  • When Clinton took office for every $1.00 in debt he increased the debt to $1.88.  When Bush took office for every $1.00 in debt he increased the debt to $2.04. For every $1.00 of debt for Obama on day one he has increased the debt

  • FACT! LOWERING the income TAX RATE (instead of the rich lets call them tax payers) for tax payers INCREASES the dollar amount of TAX REVENUE! Also when you lower the Capital Gains tax rates the rich pay more dollars in capital taxes. When Reagan lowered the tax rates he doubled revenues. When Bush lowered the tax rates he increased tax revenues 50%!

  • This guy is a joker. He actually thinks a fair tax system is where the rich pay nearly all of their income to taxes. That is not fair at all. Everyone should have to pay the same percentage! Now that is a true fair tax system!

  • Only TYT would go to Robert Reich of all people for input on budget cuts. Hilarious.

  • @pbstl747 I want to clear something up: fuck Robert Reich. My initial comment was a reaction to you calling people "socialists" and "brown shirts." We're all Americans, and we're all fucked in this system, so it's not in our collective interest to fight each other.

  • @pbstl747 I hope for your sake that you're trolling.

  • Take a look at " The Cancer Stage of Capitalism " by Prof. John McMurtry . Also

    " The Lugano Report : On Preserving Capitalism in the Twentyfirst Century " by

    Susan George.

  • Yes take out the middle class and poor so the economy tanks again.... Smart.....

  • Who the hell typed the closed captions on this video? Ugh...

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