7:25 PM | Posted in
Yesterday I posted a speech by 1st District Representative, Tim Walz. In that speech he discussed the economic realities facing middle income Americans. Interestingly, Michele Bachmann also gave a speech on the floor of the House of Representatives this week to what can only be described as a crowd of her supporters. In that speech to commemorate "Tax Freedom Day" she once again extolled the virtues of the economy we are currently experiencing.

It is truly amazing the level of blindness our representative has toward the economic realities facing people throughout her district and across the country. Given that Elwyn Tinklenberg is now the DFL endorsed candidate, he should waste no time in highlighting time and time again what this woman believes is going on in the country. From her pride in seeing Minnesotans work multiple jobs to her constant kool aid induced belief that this economy is "prosperous".



As to the fallacy of "Tax Freedom Day", Michele apparently doesn't realize the problem with using an average to define the day when EVERYONE has worked enough to pay off their taxes. According to the Center on Budget and Policy Priorities, the methodology used has "two major flaws".

First, its estimates of state and local tax burdens suffer from a number of serious methodological flaws (see the box below). Second, over the years, many journalists and policymakers have misinterpreted the Tax Foundation’s report as reflecting the tax burdens faced by typical middle-income workers.


Cross Posted on Dump Bachmann & St. Cloud Times
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Comments

1 Response to "Michele Bachmann: Economic Realities?"

  1. Anonymous On April 26, 2008 at 11:37 PM

    "Interestingly, Michele Bachmann also gave a speech on the floor of the House of Representatives this week to what can only be described as a crowd of her supporters."

    But Muse, there is no on in there.

    Oh wait,....I get it.