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Fiscal Cliff Notes: Part II

Jim Oakland Wrote: Dec 06, 2012 9:23 AM
I do not want government tax revenue to go up. I want spending to go down. Government tax revenue represents money earned by non-government employees. Tax revenue represents taking it away from Americans that earned that money.

Editor's Note: This column is part II in a series. Part I can be found here.

One of the big advantages that President Obama has, as he plays "chicken" with the Congressional Republicans along the "fiscal cliff," is that Obama is a master of the plausible lie, which will never be exposed by the mainstream media-- nor, apparently, by the Republicans.

A key lie that has been repeated over and over, largely unanswered, is that President Bush's "tax cuts for the rich" cost the government so much lost tax revenue that this added to the budget deficit-- so...