A different voice from the 1%, This one from the “tax me” contingent. Sorry. You can raise you own taxes if you want, but you got no moral authority to raise your neighbor’s taxes, as far as I’m concerned.
I have spent far more hours than I should have these last few weeks … trying to understand who these people are and why they would possibly care about my taxes.
It’s called empathy. It’s called reciprocity. I make more money than some unfortunate people, but I don’t like the idea of other people reaching into my pockets and taking my money on that account. On the other hand, I don’t think I’m better than everybody else. If there were a rule that said: “You may reach into anyone’s pocket but Tim G.’s.” I would consider that rule to be arbitrary and unfair to others. A more fair rule would be: “Nobody reaches into anyone else’s pockets.” I don’t have a particular love for this guy. I just think there ought to be predictable, non-arbitrary, even-handed rules of private property. Is that so wrong?
The author also extols the government and union help his family received during his impoverished youth. It’s tough to play the “what if” game, but if the government did not interfere so much in the economy to limit people’s productive capacities there is reason to believe that his youth may not have been as bad as he assumes that it would have been. Again, I don’t have a crystal ball, but another way is possible.
Thinking a lot about “trickle down” this week. From my upcoming feature:
“Trickle down doesn’t work.” …or so goes the common incantation that statists recite to dispel free-market demons. It’s blurted in the same way that superstitious people blurt “God bless you,” after someone sneezes nearby. If one is caught in a fit of defending rich people’s wealth, the reflexive reaction that she is likely to receive is the utter of those magic words, “Trickle down doesn’t work.”
Henry Blodget completely ignores thinkers inspired by the Austrian school of economics, such as Ron Paul and Peter Schiff, whom Krugman derides, but who also predicted the crisis years in advance with stunning specificity. Not that Republicans are interested in anything Austrian Economics has to teach. They’d love another excuse to spend big. It’s time for the Republicans to finally merge openly with the Democrats. It is time for them all, and Paul Krugman, to at least acknowledge the Austrian School.
A continuation of this story: Kos is at it again. It would help if this Kos author had bothered to look at this earlier Kos article explaining exactly what happened in the bank. Like the author, I won’t abide agent provacateurs, but this was no such case. The “loudest person” at the bank was not the cop, but rather the fully bearded man giving the oration. Clapping or saying “Woo Woo!” louder than the others is one thing. Creating the disturbance is another. This author should know the difference.
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