Everybody having fun with yet another round of fiscal shenanigans? I love nothing more than watching millionaires throw themselves in front of a bus to save billionaires.
First, the GOP: They are ever so thankful that their bullshit about “job creators” hasn’t been completely debunked. What they are protecting is actually “wealth extractors” but that doesn’t sound quite so defensible. See, in a fair system you would tax progressively more as income rose, possibly with a slightly different rate for investment income vs. salary income. That would create incentive for the wealthiest to keep their wealth active and circulating, you know… creating the jobs and GDP growth that the GOP can’t wrap their minds around…. as opposed to hoarding it, which is what they are doing with it now. The current argument from the GOP is between the current state of unbelievably unfair taxation, and a system that ever so slightly levels the system. And they like it that way. They likes it just fine, thanks you very much.
Next, Everyone Else: The President, Pelosi, Reed, and so on…. they are making a major mistake by engaging on the GOP’s terms. Good job on trying to cull out Social Security, since it is outside of the current scope of revenue/spending. Bad job on getting all squishy on Medicare and Medicaid when everyone knows that it is income qualification not age qualification that needs to be adjusted (just like Soc Sec). That said, they are doing a better job of giving coherent answers on their positions, while they still refuse to commit publicly on specifics. There is a reason: Just as in the presidential race, the GOP has created an unbalanced game board, where they are asking for concrete cuts to programs that they percieve as helpful to people that vote Democrat, while offering a hazy promise about maybe asking something from what they percieve as their base in return. In a reasonable world they could be ignored, but we don’t live in one of those. But call it what it is: The GOP pushing all the remaining chips from their failed policies and campaign planks to the center of the table.
In other News:
If you listen to NPR you may have caught a few whoppers last night (11/28/12): One GOP nitwit wondered aloud why they should support citizenship for people that are unlikely to vote Republican… which I applaud for at least being honest about their vote grubbing and bigotry; And another mentalist stated that “this is a bad time to be wealthy”… then joked that it is never a bad time to be wealthy, but Obama wants the rich to pay their share and that is a problem. Whew… when you start from the sub basement, you have a long way to go just to reach the sidewalk. Apparently there are people being taken seriously for thinking that the lowest tax rates in modern American history are bad for millionaires because they aren’t being given an even better deal without any debate, and that it is beyond comprehension that people you demonize won’t vote for you and additionally that stopping whipping their ass in public is out of the question. I actually wish NPR would go back to their old classical music and fact-based journalism format.