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In reply to the discussion: Krugman: Elections Have Consequences [View all]pampango
(24,692 posts)11. "But on the left ... there are some people who ... minimize the differences between the parties.
But the truth is that Mr. Obamas election in 2008 and re-election in 2012 had some real, quantifiable consequences. For one of the important consequences of the 2012 election was that Mr. Obama was able to go through with a significant rise in taxes on high incomes.
If Mitt Romney had won, we can be sure that Republicans would have found a way to prevent these tax hikes. And we can now see what happened because he didnt. According to the new tables, the average income tax rate for 99 percent of Americans barely changed from 2012 to 2013, but the tax rate for the top 1 percent rose by more than four percentage points. The tax rise was even bigger for very high incomes: 6.5 percentage points for the top 0.01 percent.
Speaking of Obamacare, thats another thing Republicans would surely have killed if 2012 had gone the other way. Instead, the program went into effect at the beginning of 2014. And the effect on health care has been huge: according to estimates from the Centers for Disease Control and Prevention, the number of uninsured Americans fell 17 million between 2012 and the first half of 2015, with further declines most likely ahead.
The bottom line is that presidential elections matter, a lot, even if the people on the ballot arent as fiery as you might like. Dont let anyone tell you otherwise.
Obviously, Krugman is not a fan of the 'both parties are the same.'
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But help me to understand how Krugman could bring up support of Bernie in this piece..
Stellar
Jan 2016
#9
+1, exactly. He clearly disagrees. Indeed that is the entire point of the essay. n/t
JonLeibowitz
Jan 2016
#35
"But on the left ... there are some people who ... minimize the differences between the parties.
pampango
Jan 2016
#11
Obama could of had the uber class paying a small percentage more after the 1st 4 years if......
fasttense
Jan 2016
#15
Third way works much better for Republicans than it does for Progressive Democrats.
DhhD
Jan 2016
#31
"a complete transformation of America’s political and economic scene" like they explicitly promised?
MisterP
Jan 2016
#23
Congressional Law overides Supreme Court decisions. Seems to me that voting down ticket
DhhD
Jan 2016
#33