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But contrary to what Mr Edmonds thinks, this would have meant higher taxes for the bulk of the population, not just fat cats.
ECONOMIST: The economy
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It would benefit most the great bulk of the population, particularly those who have diseases detected at an early age.
FORBES: How To Solve The Health Care Crisis
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Currently, 188 nations, representing the vast bulk of the world's population, have signed up to the Convention on Chemical Weapons, which is overseen by the Organization for the Prohibition of Chemical Weapons.
CNN: SHARE THIS
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The bulk of growth comes from the increase in our population of about 3 million people and the growing need to simply replace stuff that is wearing out, not enough to get the economy back to trend growth much less the strong growth needed to restore employment to 2007 levels.
FORBES: Small Business To Obama: Give Us A Budget, Please
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The bulk of the country's freshwater dolphin population live in the south-west of the country, especially in the rivers and waterways of the Sunderbans mangrove forest.
BBC: NEWS | South Asia | Bangladesh's majestic dolphins at risk
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The bulk of media output tends to be western based and by far the balance of the population is towards the western side of the country.
BBC: Glaswegian goes east
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Consider that the bulk of the net growth in population is among older people.
ECONOMIST: Lack of ability
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In suburban Cook County the bulk of the district's voting population it was nearly 2 percent.
NPR: Voters Head To Polls In Ex-Rep. Jackson's District
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Worse yet, the bulk of the Islamic foreign legion in-country is located in Tuzla and Zenica, population centers in or very near the U.S. 'sector' of Bosnia.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Clearwire is not building a nationwide system but will focus on large communities with population density where the bulk of the demand is centered.
FORBES: Sprint Set to Bail on LightSquared
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Also note that in this second picture, the new (or rather, new-new) middle class today represents a tiny, fringe population, while what I have labeled the obsolete class is actually the bulk of the mainstream economy that both Obama and Romney are currently fighting to keep alive on life support.
FORBES: Entrepreneurs are the New Labor: Part III