Barack Obama has been accused of "class warfare" because he favors closing several tax loopholes — socialism for the wealthy — as part of the deficit-cutting process. This is a curious charge: class warfare seems to be a one-way street in American politics. Over the past 30 years, the superwealthy have waged far more effective warfare against the poor and the middle class, via their tools in Congress, than the other way around. How else can one explain the fact that the oil companies, despite elephantine profits, are still subsidized by the federal government? How else can one explain the fact that hedge-fund managers pay lower tax rates than their file clerks? Or that farm subsidies originally meant for family farmers go to huge corporations that hardly need the help?
Actually, there is an additional explanation. Conservatives, like liberals, routinely take advantage of a structural flaw in the modern welfare state: there is no creative destruction when it comes to government programs. Both "liberal" and "conservative" subsidies linger in perpetuity, sometimes metastasizing into embarrassing giveaways. Even the best-intentioned programs are allowed to languish in waste and incompetence. Take, for example, the famed early-education program called Head Start.
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4 comments:
Time to AX foriegn aid that is making certain ones in those Countries rich and not being used for what it is supposed to be used for. Our Allies are the only ones that deserve Aid.
Oil rich Countries should be mandated to reimburse us.
This is like me buying a piece of property or a home but the one selling it keeps possession of it. I will be responsible for the Loan, taxes and up-keep etc. as the Owner but the one I bought it from keeps possession. This is totally ridiculous.
What about the liberal fueled multi generation Welfare handouts. It doesn't invoke any work ethics at all. We just keep giving and giving. It is not the fault of the folks pulled into it it is the fault of the government continuing to provide help for nothing and giving no incentive to change it! Why should we be socialistic and give hard earned money to others for nothing in return? There is no effort to promote change! Only status quo!
1:46
It wasn't for nothing. It created generations of dumbocrat voters.
One social program that needs to be expanded is education. This blog shows how much needed education is still needed and how it has failed so many that post their inane comments on here.
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