Posted on 09/10/2010 3:03:30 PM PDT by roses of sharon
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Those who prudently saved against the contingencies of this world, have subtly numbered themselves among "the rich." And, "tax the rich" is the received solution. For generations now, "progressive" politicians, imposing "progressive" tax systems, have been making an example of the prudent. The cultivation and manipulation of envy is at the heart of all political schemes for income redistribution, and parties of the Left have been building their client base upon it.
Hence the gradual division of every electorate between the Party of Entitlement, and the Party of Tax Cuts: the one to increase spending, the other to limit revenue, until the gap between income and expenditure has grown to oceanic proportions. In a pinch, the government pulls both ways at once, as poor hapless Obama is now doing because his Party of Entitlement is about to be mooshed in the U.S. midterm elections. In addition to more ruinous "stimulus" spending, he is now promising tax cuts (for everyone but "the rich").
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The closest thing I can see to hope is currently invested in the tea party movement of the U.S. Notwithstanding the slanders heaped upon it, this movement is good-willed, riot-free, indeed situationally non-urban, and under the leadership of basically sane people. Of course, there is no guarantee that any movement devoted to genuine political change can remain so, under the inevitable provocations.
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That measure is, quite frankly, the complete dismantlement of the Nanny State, and the restoration of the status quo ante -- governments focused on the provision of national defence, and domestically on the machinery of law and order. Full stop.
(Excerpt) Read more at realclearpolitics.com ...
This is what the Republican leadership, and our candidates need to talk about.
(more from Warren)
While that happens to be the only available formula for mitigating our impending economic and social catastrophe -- leave people free not only to earn, but to help each other flexibly and directly -- the issue of freedom itself lies deeper. For the Nanny State isn't, and never was, compatible with the organic development of a free society. We do need laws to be enforced against specific, definable evils. But insofar as we are adults, we have never required comprehensive daycare.
Tax cuts don't limit revenue — unless taxes rates are already very, very low. Look up “Laffer Curve” for the reasons why this is so.
Very good article, But once again politically theses solutions are impalpable, and the half measure compromise is just making the situation worse by prolonging the inevitable.
It is therefore essential that we hold the hard line and compromise only where necessary to preserve our ability to survive the collapse.
If the liberals and moderates want to survive they will have to give in.
Thanks terjon...loved the song! I am passing it around.
http://www.freerepublic.com/focus/f-news/2586035/posts
Boehner Offers Concession on Tax Cuts
(This is why I want Republican leadership to read this column.)
stop it . you are making me laffer. haha
That’s why they call Economics the “hilarious science”.
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