David Axelrod: No 'Major Changes' To Tax Cut Deal As Van Hollen Calls For Estate Tax Vote

The 'Rule of Thumb' about when tax cuts make sense is, "When a nation's bills are paid".  When the nation is in surplus.  

You don't go on vacation when you haven't paid the rent.  You don't buy a Rolls Royce when you're living in your parents' garage.  You don't buy Godiva chocolates when there's no food in the fridge or the cupboards to feed your kids.

When a tax cut requires a nation to borrow more money, adding to the deficit, increasing the national debt, that's robbing the People to give to the rich.  Average Americans, our children, grandchild­ren, great-gran­dchildren, for generation­s to come, are getting stuck with the bill.

In 2001, Bush's tax cuts were sold to us as "job creators".  "They'd stimulate the economy".  They didn't.  

The money for Bush's tax cuts had to be borrowed, just as these tax cuts will have to be.  From China, Saudi Arabia (which then turns around and donates to Al Qaeda, Taliban, Hamas, etc.) and IRAN (yes, Iran own us, too).

The money is all gone.  We're now stuck with cleaning up the party that the rich had (investing overseas, in other nations, outsourcin­g Americans' jobs and closing down US manufactur­ing).  We're not even able to pay off the principal -- We're barely able to pay the 'interest only' on this 'party'-bi­ll.

It's bad enough that working Americans have been paying for the parties of the rich, but it's even worse than that:  We're not only paying for their parties, we're taking out loans so that they can stuff their mattresses.  

If I'm paying for bathtubs full of Dom Perignon, I'd better d@mned well be the one soaking in it.
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