Politicians... (quick rant)

Dec 03, 2010 10:20

Either they're not from here or they're millionaires from here. Otherwise there's no way a rational person could argue that making $250,000 in Southern California makes one "rich." The fact Congressional Democrats continue to focus on millionaires when they talk about extending tax cuts only proves how utterly dependent they are on class warfare ( Read more... )

politics, rant

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buzz_overdrive December 4 2010, 18:54:08 UTC
I'm not against paying taxes. Doing so is part of the overall deal with being a citizen: we pay taxes so the government can provide for the common defense. However, in terms of managing our budget, deficit and current recession there's another side to the argument: spending. It's basic economics. You either have to raise more money or spend less of what you're taking in. Corporations do this all the time, and when faced with lower profits they'll cut expenses. The problem when translating that into a government is that spending = power, and a reduction of spending is akin to giving up power which few politicians will ever agree to.

What I took issue with in my post above were two things:

1) Raising taxes on anyone in a recession stifles spending and investing, which is necessary to get out of a recession. Taking more money from people who actually have it to spend is an even worse idea.

2) The Left has consistently portrayed these tax cuts as being for the wealthiest Americans when they have been, in fact, across-the-board tax cuts at all levels since President Bush's tenure. Making them permanent would actually stimulate the economy better than any stimulus package the federal government could put together. The reason the Left insists on positioning these as a class-warfare/jealousy issue is because that's central to their retention of power: they're pandering to the masses.

The reason I have a big problem with that second point is that it's a largely emotional response that panders to the masses. The masses rarely apply critical thinking to such positions, which fall apart when exposed to rational thought.

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