Apropos our latest national discussion, the mashup of tax cuts for the rich and benefit decreases for the elderly, I found this recent data on changes in the poverty rate illuminating. Our friend Rachel Maddow explains:
The coming lame duck session is turning into a festival of opportunity — for Obama if he holds the line on no tax cuts for the +$250,000 crowd, and no benefit cuts for the catfood-eligible elderly.
It's also a festival of opportunity for the Angry Rich. They could get their twin goals in the same month — goodies for the Deserving We, and screwage for the Undeserving Thee.
Can't hardly wait for December.
GP
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Changes in poverty in the U.S., 1966–2009
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2010 elections,
economic crisis,
paul krugman
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