The subject didn’t seem to make the cut on press coverage of the State of the Union address, but the President said the following: “And if we truly care about our deficit, we simply can’t afford a permanent extension of the tax cuts for the wealthiest 2 percent of Americans.” (Applause.) It is the anti-deficit Republican screamers that have denied American taxpayers $700 billion to reduce that deficit by forcing an extension of the tax break for the wealthiest. It took a letter writer to the NYT to put this issue in context: “Extending tax cuts for the wealthiest among us does not move America to the front of the line. Nor does saying “no” to spending. Research and development, making a college education available to every child in America, repairing infrastructure – these require spending, but they are investments that create jobs.”

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