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1939

(1,683 posts)

9. Two big Democratic mistakes

Reply to Cyrano (Original post)

Fri May 15, 2015, 02:21 PM

May 2015

LBJ's unified budget which permitted looting of the trust funds and which disguised the real problem of deficits for a couple of decades.

Failure to index the income tax brackets for inflation which gave enhanced revenues in the short term but which killed the consensus for a graduated income tax over time as inflation and the advent of the two income household drove ordinary Americans into tax brackets designed for the wealthy.

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“Mistakes were made” [View all] Cyrano May 2015 OP

I would add as far as 'mistakes were made'' in my lifetime Ichingcarpenter May 2015 #1

"Corporations are people." immoderate May 2015 #2

“Mistakes” and “Failure” OnyxCollie May 2015 #3

The entire Y2K Florida election was a travesty. Everyone involved should be ashamed. lpbk2713 May 2015 #4

Don't forget Dick Cheney's Energy Task Force that told oil drillers that they didn't need ..... Botany May 2015 #5

The full title is "Mistakes Were Made, But Not By Me". It is an excellent read, jtuck004 May 2015 #6

This message was self-deleted by its author iscooterliberally May 2015 #7

Not to sound like a broken record or anything, but.. iscooterliberally May 2015 #8

Two big Democratic mistakes 1939 May 2015 #9