Thanks super wealthy people!

The pending tax fight is shaping up to be a war of semantics similar to the one in the mid-80s over whether cutting the increase in medicare is a cut (it is). Not extending the Bush tax cuts, which passed through reconciliation, will be cast as a tax hike and we’re likely to hear a lot about the poor little rich peoples this election cycle.
The basis given by George W. Bush and the usual cheerleaders for the massive tax cut for the wealthy was that the rich are the ones who create jobs and do the heavy lifting in the economy. David Brooks would even tell you that they work harder than Joe and Jane Schmo.
Well, we’re about 8 million jobs down since the cuts. The rich are richer and tens of millions of people are either drawing unemployment or are drastically underemployed.
Most of those fruits of those tax cuts didn’t do a bit for the working folks. It went straight to the casino.