The great tax "compromise" blowback begins

I've run across a couple of posts re the tax cut "compromise" that I think are spot on. The first is Dave Sirota's writing that we in the United States (or at least those who govern it) have gone "batshit crazy." His first of four reasons is very telling:

We just had an election that focused intently on the problems that come with a growing national deficit and debt. Correspondingly, almost every major poll after the election shows the majority of the country therefore doesn't want to extend Bush tax cuts on income above $250,000 a year. Nonetheless, a Democratic president who won the biggest electoral landslide in contemporary history on a promise to rescind those tax cuts -- that same president is now pushing to extend those very tax cuts, thus seriously increasing the national deficit/debt.

I recommend your reading the entire article.

It's also great that Sen. Bernie Sanders (I-Vt) is incensed about this horrible deal. He's is totally on point when he says,

"I can tell you with absolute certainty that a couple of months from now our Republican friends will have driven up the national debt by giving tax breaks to the very rich, and then they're going to come back and say, 'Oh my word! We have a growing national debt and a big deficit! We're going to have to cut back on Pell Grants, on education, on health care, on environmental protection -- all of which will impact the middle class!'" said Sanders.

I sincerely hope that when the Republicans do start falling back on the debt/deficit excuse that people such as Mr. Sanders will look them right in the face and say, "Well, you extended the tax cuts for the rich putting us further in debt, so let's not hear any whining while we help the middle class get back on their feet."