On the recordDecember 10, 2010
I believe we are speaking for the overwhelming majority of the people, not just of Louisiana and Vermont but all over this country, who cannot understand why we give tax breaks to billionaires to drive up the deficit and the national debt at a time when the deficit and the debt are so large. I indicated that the top 400 families during the Bush Presidency alone saw their income more than double, at the same time, by the way, as their income tax rates dropped almost in half. But I also talked about what is going on with the middle class and working families of this country. If you can believe it--and this is quite amazing--since December of 1999--and this was in a Washington Post article in January--there has been a zero net job creation--a zero net job creation. Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999, and that number is sure to have declined further in 2009.
