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Grand Old Parity
The New York Times ^ | 2/26/13 | Sheila Bair

Posted on 02/28/2013 6:12:33 AM PST by ksen

I am a capitalist and a lifelong Republican. I believe that, in a meritocracy, some level of income inequality is both inevitable and desirable, as encouragement to those who contribute most to our economic prosperity. But I fear that government actions, not merit, have fueled these extremes in income distribution through taxpayer bailouts, central-bank-engineered financial asset bubbles and unjustified tax breaks that favor the rich.

This is not a situation that any freethinking Republican should accept. Skewing income toward the upper, upper class hurts our economy because the rich tend to sit on their money — unlike lower- and middle-income people, who spend a large share of their paychecks, and hence stimulate economic activity.

But more fundamentally, it cuts against everything our country and my party stand for. Government’s role should not be to rig the game in favor of “the haves” but to make sure “the have-nots” are given a fair shot.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Editorial; Government
KEYWORDS:
Finally, a Republican I can agree with. :cheer:
1 posted on 02/28/2013 6:12:37 AM PST by ksen
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To: ksen

The republicans left me years ago and I have not been smart enough to leave them. I am registered unaffiliated as there is no Conservative to register to. I voted for the Mormon that 4 million decided not vote in stead of voting for him. I should have voted for Sarah for my mental health.


2 posted on 02/28/2013 6:17:50 AM PST by mountainlion (Live well for those that did not make it back.)
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To: mountainlion

I’m in the same boat. Maybe next time I’ll make a principled vote, probably for a Tea Party candidate. If the Pubbies cave on this sequester thing they will have received their last dollar from me.


3 posted on 02/28/2013 6:47:32 AM PST by refermech
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To: refermech

Turn out the lights, the Republican party’s over.


4 posted on 02/28/2013 7:58:21 AM PST by bgill
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To: ksen
I have some ideas to help the working poor, lower middle class, and middle class: 1. Reduce immigration. 2. Go to war with the teachers unions and cultural marxist, who are destroying public education. (There is a war, but Republicans too stupid to fight back)
3. Go after silly government programs and decisions that have helped make college degrees and debt a proxy for intelligence tests in jobs.
4. Attack the Fed's lose money policy. It isn't helpoing the poor and middle class. It destroys their savings and promotes a housing bubble that keeps making housing unaffordable.
5 posted on 02/28/2013 4:11:46 PM PST by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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To: mountainlion
I should have voted for Sarah for my mental health.

No one named Sarah was a candidate for President.

6 posted on 02/28/2013 9:16:38 PM PST by Impy (All in favor of Harry Reid meeting Mr. Mayhem?)
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To: ksen

Um do yo agree with THIS?

“President Obama, who has rightly made income inequality a signature issue”


7 posted on 02/28/2013 9:18:50 PM PST by Impy (All in favor of Harry Reid meeting Mr. Mayhem?)
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To: Impy

Yep, income inequality is a direct result of government action.

I don’t care if Obama handed us the bat, we should still beat him with it. The Left is abusing government failure and lying about the origins of income inequality.


8 posted on 03/01/2013 3:12:10 AM PST by 1010RD (First, Do No Harm)
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To: Impy
It is called a write in vote. You write the mane Sarah Palin in the blank spot for President.
9 posted on 03/01/2013 5:25:54 AM PST by mountainlion (Live well for those that did not make it back.)
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To: Impy
Um do yo agree with THIS?

“President Obama, who has rightly made income inequality a signature issue”

No, because I don't think Obama has made it a signature issue and he should.

Do you disagree with the author of the OP that income inequality generated by government policies is a bad thing?

10 posted on 03/01/2013 6:50:58 AM PST by ksen
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To: mountainlion

Many states require a write candidate to be registered (ie actually running).

Even if your state doesn’t, voting for someone who isn’t running is pretty silly if you ask me (you didn’t but I’ll say it anyway). You may as well write in “Elmer Fudd” or not vote at all.

Their were minor conservative candidates that actually were running like Virgil Goode of the Constitution party (I’m not crazy about him) and freeper Tom Hoefling (I forget his screen name).

Palin didn’t run, had no real interest in running and isn’t gonna run next time. It’s time to move on from that fantasy. Support actual candidates.


11 posted on 03/03/2013 9:55:01 PM PST by Impy (All in favor of Harry Reid meeting Mr. Mayhem?)
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To: Impy

Support actual candidates.

I heard about a survey that said that about 3 million people did not vote because they would not vote for a Mormon. You do not know for certain that Sarah will run. I voted for Romney under duress and it would been better for my mental health to have voted for Sarah.


12 posted on 03/04/2013 5:51:49 AM PST by mountainlion (Live well for those that did not make it back.)
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To: mountainlion

Virgil Goode and Tom Hoefling are not Mormons.


13 posted on 03/04/2013 5:38:21 PM PST by Impy (All in favor of Harry Reid meeting Mr. Mayhem?)
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