Princess Pelosi had more to say. Try this: There is "no justification" for extending tax cuts for people earning over $200,000.
She says, "I see no justification for giving a tax break, going into
debt with foreign countries to underwrite the subsidized tax cuts for
the wealthiest people in America."
Now what is wrong with this
logic? Nancy Pelosi seems to assume that federal government is entitled
to that money, and if it doesn't have that money, rather than decreasing
spending, it will be forced to borrow it from foreign countries. What
Nancy seems to forget is that it is not her money. That money does not
belong to our imperial federal government, that money was earned by evil
rich people. All the "justification" that Nancy needs is to realize
that these rich people do not owe her or the government anything. Notice
that throughout this entire debate on tax cuts, there has been zero
mention of a plan to decrease government spending. A turtle tunnel here
and a wee-wee washing program there ... these programs add up. Why
aren't these programs being hammered as unjustified or worthy of "going
into debt with foreign nations?"