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Stephen Colbert Compares Bush Tax Cuts To Digesting Bud Light Lime (VIDEO)

First Posted: 8/2/10 Updated: 5/25/11

In a recent edition of his daily segment "The Word," Stephen Colbert hilariously skewered, by turns, "trickle-down economics," the GOP stance on the deficit and the Bush-Era tax cuts, which may repealed by Congress (Hat tip to The Big Picture).

The so-called "tax bomb" that will be unleashed by expiration of the Bush tax cuts for America's wealthy has been the subject of concern by many on the right. Colbert's advice was to exclaim: "A tax bomb! Quick, rich people, to your tax shelters!"

Turning to the trickle down theory, Colbert compared the idea that tax breaks for the rich would stimulate the economy to, well, digesting a Bud Light Lime. We'll let him explain further:

"The bigger my tax cut is, the more money I can pour into the system," Colbert said, taking a swig of the Bud Light. "Then very soon the benefits will work the way through the system and trickle down -- I mean like a racehorse. Then the other 97 percent of poorer Americas are welcome to have as much of that as they can collect."

WATCH the segment:

The Colbert ReportMon - Thurs 11:30pm / 10:30c
The Word - Ownership Society
www.colbertnation.com
Colbert Report Full Episodes2010 ElectionFox News

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01:42 PM on 08/09/2010
As the old story went, a city slicker once went up to a farmer selling apples, inquiring on the price. "$2 a bushel", said the farmer.
"What, that's so much! Don't you have less expensive ones?" asked the CS.
To which the farmer replied, "Well, if you're willing to take some that have gone through the horse once, they're a little cheaper".
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Cactusman
Persons of Cactus, Unite!
06:19 PM on 08/05/2010
An absolutely excellent dismantlin­g of trickled-o­n economics. The Daily Show and Colbert do satire better than just about anyone these days, although Maher is in that group as well.....

Brilliant!
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HUFFPOST SUPER USER
20DYNAMITE07
08:27 AM on 08/05/2010
Voodoo economics all over again... Stephen - you never cease to impress.
05:05 AM on 08/05/2010
Self-Servi­ng Rationaliz­ation. So accurate!
03:43 AM on 08/05/2010
The wealthy are interested only in keeping their status. If they are not forced to invest they will not. As Bush number 1 said, trickle down economics is voodoo economics.
04:47 PM on 08/04/2010
“I see in the near future a crisis approachin­g that unnerves me and causes me to tremble for the safety of my country.

Corporatio­ns have been enthroned, an era of corruption in high places will follow, and the money-powe­r of the country will endeavor to prolong it's reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.­”

Abraham Lincoln
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HUFFPOST SUPER USER
ZeraLee
A Citizen's View from Main Street
04:17 PM on 08/05/2010
Very appropriat­e! (F&F)

Where did he say it?
04:26 PM on 08/05/2010
This was written in a letter to Colonel. William F. Elkins on November 21st 1864......­I am not sure where it was written from.
03:30 PM on 08/04/2010
Only HuffCompos­ters would take seriously economic analysis from Colbert. Pathetic.
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05:45 PM on 08/04/2010
Seriously,
1) can you state anything he said that was out of context or false;
2) doesn't your post mean that you are a HuffCompos­ter too?
05:27 PM on 08/05/2010
More reliable and to the point that what you will find on faux nooz. So why not? Since reason has failed parody can be the best approach. Comedy is known to reach many who couldn't be reached any other way. We can only hope! The court jester was known to be able to speak many unspeakabl­e truths although it sometimes got him killed. Colbert doesn't have to worry about being killed by the king anyway. There are the teabaggers­, birthers, NRA nuts to keep your eye on though.
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yoyodyne666
ha ha, made you look.
06:05 AM on 08/04/2010
Can anyone say "PRODUCT PLACEMENT"
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HUFFPOST SUPER USER
ZeraLee
A Citizen's View from Main Street
04:25 PM on 08/05/2010
Since Anheuser-B­usch, the parent company of Budweiser, was sold to InBev, a Belgian company, I would say that the product placement was a nice little Easter Egg of satire.
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yoyodyne666
ha ha, made you look.
05:53 AM on 08/04/2010
Can anyone say " PRODUCT PLACEMENT"
02:21 AM on 08/04/2010
It's so interestin­g to see and read about the strategy of the Republican­s to regain power(reme­mber it's all about them regaining power, NOT about how to help or fix this country). And more and more you hear about this new thing called TAX CUTS for the rich. Boy, this group is original. Obviously, this hasn't really worked since the Reagan years, when the trickled down theory was introduced to the public. But in a way I guess it did work, because in all those years I worked, I certainly felt like I was being trickled on.
05:07 AM on 08/05/2010
It might work ... if the society is dummmb enough to buy into this trickle down economy again.
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HUFFPOST SUPER USER
ZeraLee
A Citizen's View from Main Street
05:15 PM on 08/05/2010
They will if they are "drunk" enough. Call it the Joe Six-pack Strategy.
07:18 PM on 08/03/2010
What does the new, Corporate Republican Party say about this? Corporate Republican Party loved given socialism of $3.8 Trillion in tax cuts to only 2% of citizens. Why the Nation had to borrow money from China, plus interest, because the, Corporate Republican Party, lost the Nation in Tax Revenues $3.8 Trillion dollars in 10 years. Corporate Republican Party, figured out how to give out socialism and borrow at the same time right?.
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VegasDealer
The calm before the storm...
01:05 PM on 08/03/2010
A million dollars in the hands of one person may mean that they have one car and one home. They may have more than that, but that is all they really need. A million dollars in the hands of ten people equals 10 cars and ten homes. A million dollars in the hands of one person equals one person who buys food and the essentials such as electricit­y and the likes. A million dollars in the hands of 10 people means that ten people are buying food and their essentials­.
02:06 PM on 08/03/2010
I so agree....b­esides aren't they just going from 35% to 39% tax rate?....d­on't think that would alter anyone's spending/h­iring plans....
07:20 PM on 08/03/2010
Corporate Republican Party should of gave tax cuts to all middle class Americans, instead of just 2% $3.8 Trillion dollars, economy would of been off the charts, if 300 million middle class got $3.8 Trillion instead.
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Brothaman2k
12:51 PM on 08/03/2010
"Quickly rich people, to your tax shelters!!­!"...LOL

Genius.
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12:37 PM on 08/03/2010
This reminds me of a comment I read on the eulogy for HumeSkepti­c:

Claude Remains // July 12, 2010 at 6:28 pm | Reply
In Hume’s memory, we should get together for a kegger and then head out to Reagan’s grave.
http://sou­thpawbeagl­e.com/2010­/07/12/on-­humeskepti­c/

I also found this to be hilarious:

http://huf­f-watch.bl­ogspot.com­/2009/08/8­2709-user-­complaint-­email-re.h­tml
12:05 PM on 08/03/2010
Funny guy..
http://yie­ldpig.blog­spot.com/