Red State

Comments

1. Mr. WildTie

   SpaceElevator July 24th, 2008 at 12:19 a.m. (link)

   This video made me cry. The graph of the shortfall in income vs benefits is the proposed problem. Mr. WildTie then explained how Obama's plan would cause rich people to be taxed, Oh the horror! It would be a JUGGERNAUT. A huge fundraising Success.

   Isn't that the solution to the proposed problem?

   I cried laughing.
   

   1. No...

      scotteiland July 24th, 2008 at 3:05 a.m. (link)

      Barack's plan would simply increase tax dodging and create another Jimmy Carter-style malaise.

      It's truly idiotic to think that raising taxes does ANYTHING but create misery for everybody.

      But that's what liberals like you and Obama want. Make sure everyone's poor and unhappy.

      Why the Marxists think that raising taxes is a solution to ANYTHING is beyond me.

      Oh wait. You're Marxists. Never mind.

      "Logic refutes liberalism" - Rush Limbaugh

   2. Over-taxing the rich backfires

      rubylens July 24th, 2008 at 4:13 a.m. (link)

      Take a look at this WaPo article, SpaceElevator. It explains how, when France overreached and raised taxes on the rich too far, many of the rich simply left. And now France gets zero revenues from them. Since the top 50% of wage earners here in the United States already pay 97% of taxes [source], raising their burden even higher -- especially to the degree proposed by Obama and other Democrat leaders -- would be a colossally shortsighted and self-defeating thing to do. We will all be crying if it happens, even the middle-class and poor people who depend on the top producers for their jobs or for their welfare benefits. Don't be so eager to kill the golden geese. You need them to be fat and happy and supporting our entire system for the rest of us.

      Ruby NutrootsNation.com

2. A lucid and devastating critique

   peg_c July 24th, 2008 at 5:54 a.m. (link)

   that anyone can understand, and which is particularly tailored to those of us without econ background. Excellent, Mr. Mitchell!

   The appalling truth is not only are Americans not economically educated (unless we specifically pursue it in college and beyond), I am convinced this is purposeful. Not only are we better led around by the noses if uneducated, but those who might educate us in secondary school (and most of academe in general) as as clueless and unqualified as those they would teach. CATO, Club for Growth, and Chicago-style economic education would benefit every single American. The MessiUH (and McCain for that matter) would be unable to snow us with their good-feeling, irrational cr@p.

   Hatred of the "rich" is simply insane. They are the engine of progress and advancement. Liberals aren't progressive - they are anti-progress! That is the inevitable outcome of their inherently unfair "fairness" policies.

   You may not be interested in war, but war is interested in you.

   1. How right you are

      tccesq July 24th, 2008 at 5:32 p.m. (link)

      I believe that you are absolutely right about the purposeful lack of economic education. I serve as counsel for a charitable organization in Las Vegas called Future Stars of America. One of the primary functions of Future Stars of America is to provide economic educational resources to children in the foster care system, in order for those children to be better prepared to become productive members of society. We had been given a grant from the Clark County School District to coduct classes for the foster children, and had been having great sucess (serving over 1,000 foster children), until the CCSD decided to pull our grant and spend twice the money to teach our program themselves. Of course, to date they have spent hundreds of thousands of dollars, and have not served a single student. The underlying message that we got was that the CCSD was not thrilled with the fact that we were actually teaching free-market economics to students who would otherwise become part of the dependant class someday.

      Democracy is two wolves and a lamb voting on what to eat for lunch; liberty is a well-armed lamb contesting the vote.