Good piece by David Leonhardt on what the money spent on tax cuts for millionaires could be buying:
•A tripling of federal funding for medical research.
•Universal preschool for 3- and 4-year-olds, with relatively small class sizes.
•A much larger troop surge in Afghanistan, raising spending by 60 percent from current levels.
•A national infrastructure program to repair and upgrade roads, bridges, mass transit, water systems and levees.
•A 15 percent cut in corporate taxes.
•Twice as much money for clean-energy research as suggested by a recent bipartisan plan.
•Free college, including room and board, for about half of all full-time students, at both four- and two-year colleges.
•A $500 tax cut for all households.
Sixty billion dollars is even enough money to build the tunnel to NY from NJ- saving millions of man hours of misery and lost hours of productivity. This whole country is just depressing as we slide into second-rate nation status. At a time when we should be debating how to rebuild the country, how to invest in our failing infrastructure, how to invest in renewable resources and rebuild our waste management systems, etc. It used to be, we all at least the government had the responsibility to build roads, bridges, and tunnels. Now, they’re just another partisan toy that GOP frontrunners can axe to “piss off liberals” and build wingnut street cred.
But hey- tax cuts for the rich it is, while we ignore our crumbling nation and debate how to starve future senior citizens.