It seems like the message machine for Obama is getting better oiling these days.
From the Hill:
“We’ve gotten a taste of Mr. Romney or Mr. Gingrich or Mr. Santorum’s theories,” Obama said. “We’ve tried it for 10 years. And it resulted in a huge crash that lost us the most jobs since the 1930’s.”
He also said that his proposal to tax millionaires is a “recipe for a fair, sound approach to deficit reduction and rebuilding this country.”
“I think whether it’s Romney or Gingrich or Santorum or any of these folks, the question to ask them is we now have the lowest tax rates in 50 years. We’ve seen the highest increase in income for the very top echelons since the 1920s. And if, in fact, we’re going to reduce our deficit while still investing in those things that we know make America grow, somebody’s got to pay for it,” Obama said.
And even the Laffer Curve, which is in part the whole basis for this “tax cut” mantra – postulates that too low or too high taxes are equally hurtful for the economy.