No, no, and no.
Get this: the Iraq War has cost nearly $200 billion so far and doesn't show any signs of letting up. A deadly hurricane has devastasted the Gulf Coast, and the cost of rescue, relief, and rebuilding will likely exceed $100 billion in government funds. In response, what do the controlling party in Congress want to do?
Expand tax cuts for the rich!
House Republicans promise that the dividend tax cut and the capital gains tax cut will both be extended. As Dennis "Don't Rebuild NOLA" Hastert says, we really need more tax cuts to "stimulate the economy," a tactic that, if I recall correctly, failed miserably last time it was used to justify padding the pockets of the rich when the rest of the country was facing dark days.
(Thanks, Jim.)
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