Rand Paul, Kentucky Senator-elect (R), explains, "There are no rich, there are no middle class, there are no poor. We're all interconnected in the economy." Is this a sense of economic cosmic oneness, or is Paul, a libertarian, suddenly espousing the Marxist goal of a classless society? Paul pulls back and reverts to GOP talking points: since we either work for or sell stuff to rich people, we can't be punitive by not extending the Bush tax cuts to them. Of course, the cost to the deficit of shoveling more cash to the wealthiest is $700 billion over 10 years–but if we don't commit to it, we won't continue to reap the economic benefits of the Bush tax cuts, right? That's despite the fact that, according to Moody's Analytics, rich Americans save rather than spend their tax cuts. Watch Paul's mini economics lesson:
Since Paul senses that we're all one and doesn't want to punish anyone, he'd also stand for labor rights and raising the minimum wage, right?