Countdown had a nice Bush tax cuts segment, including an interview with David Cay Johnston (this guy). Johnston is always very clear and very specific. (I'm including the whole piece, including the lead-in bit from Meet the Press. The Johnston interview starts at 3:58.)
So from Johnston we learn:
- The Bush tax cuts were financed with $2.4 trillion in borrowed money.
Interest alone on that: All income taxes paid in January & February of this year. (That's 1/6th, if you got through grade school math.)
Right now, Small Business needs domestic demand, not tax cuts, to be profitable.
About that "relentless questioning" by David Gregory, I have the same media curiosity I had before. Assuming Gregory's not off the reservation, it seems he's busting Boehner's chops because:
- The fix is in to kill the Big Boy tax cuts, and this is his piece of it; or
- The fix is in to extend the tax cuts, and he's burnishing populist cred in spite of that.
GP