Why am I not surprised that a Deficit Commission, made up of millionaire Washington insiders, would come up with a debt reduction proposal that's heavy on targeting safety net programs, but does little to address the massive wealth transfer policies that's been going on since the 1980s? Where's the call for serious defense cuts? What about tax clawbacks for ill-gotten gains and unearned bonuses?
Seriously, we now have the largest income and wealth gaps in this country since 1929, and no one - including the "centrist" Blue Dog Democrats and those deluded by the call for compromise - wants to discuss how favorable legislation, tax cuts for the rich, slowing wage growth, Wall Street's bailout culture, reckless & unfunded wars, and the outsourcing of real jobs are the primary culprits behind our growing debt loads.
The Deficit Commission's recommendations need to be rejected. For those of you who want to learn more The Young Turks will lead today's show with a "Hell No!" on the deficit commission recommendation to cut Social Security. 3PM ET, MSNBC.