Between 1979 and 2007, the average real income of the top 1 percent grew by an astounding 275 percent. And that is after payment of the taxes that the superrich and their Republican apologists find so onerous.
This will force the public debate to cover the entire scope of the proposals being offered up, and it would do so by providing the data the public most cares about right now: how will this create or destroy jobs?
Baseline budgeting and ten-year projections need to go the way of the eight track tape deck before we can understand, much less solve, the really pressing issues created by budget deficits and credit downgrades.
We are going to be coping with weak economic growth and high unemployment for several years. We need to rank all tax and spending policies according to how they impact growth, and cut the ones that don't significantly help growth and jobs.
Many of our elected officials know a lot less about finance and economics than those responsible for the financial future of an entire country should. Even more terrifying, many appear to know even less about such matters than we do.
The destruction of middle class wealth and income by Republicans, in particular, has been prolonged and systematic for decades. This standard of living has already declined for most of us since the 1980s, and will continue to decline.