"The GOP answer to the jobs crisis is, instead, a retread of the policies that broke the economy in the first place. They center on trickle down economics, which: 1) have concentrated wealth amongst the top 5 percent through tax cuts and 2) rolled back government oversight of key areas of the economy, such that Wall Street was able to transform itself into a ring of trillion dollar betting casinos.
The Republicans are so committed to their orthodoxy of lower taxes for the wealthy that they were willing to take the country to the brink of default last summer—and risk another recession—to extend Bush-era tax cuts for millionaires. Facing united Republican opposition, the president agreed."
