Saturday, December 15, 2012

About Allen's "Great Divide"

Mr. Allen claims that the rich should pay “their fair share”.Ultimately, tax increases hurt everyone, since investors stash their cash in tax shelters, businesses pass on the costs to their consumers, and employees get fewer promotions or pink slips.
Bush-Bashing is now so passé. Yes, President Bush and his cabinet marshaled troops into Iraq on unsubstantiated evidence. Yes, he played fast and loose with this country’s monetary policies. However, after four years in office, President Obama has repeated the same errors. The “stimulus” stimulated corruption, waste, and fraud. “ObamaCare” and “Dodd-Frank” frankly were careless governmental interventions expanding debt and diminishing access. Our troops are still stationed in Afghanistan, now the longest American war in our history. And those annual trillion dollar deficits are scaring bond markets and degrading our nation’s bond ratings. If Bush was so bad, why is Obama “Bush unabashed”?
Enough with who started or prolonged this mess. What is our government going to do about it?
The rich should pay more for their entitlements. Medicare recipients receive more than what they paid in. Senator Tom Coburn (R-OK) has gotten the “OK” from many seniors to make them pay a little more so that a little more will be left for future generations. Means-testing and block grants to the states will grant our government the means to block the spending spree. Cut the military expenditures, too (horse and bayonets, anyone?). Stop prosecuting pot-heads, and get the government out of my wallet and my bedroom – those measures would shrink the debt and save money.
Tax cuts work with commensurate spending cuts. “Trickle-down”works if the government “dams up” its own flooding. As for “dramatic declines”in the Harbor area, close the curtain on comedic union rules, protectionist policies, and welcome the commercial alternatives (Punta Colonet and the widening Panama Canal, ready for cargo in 2014). Last but not least, no one, not even Big Government or Big Media, can you make feel like “the 99%” without your permission. Anyone can be “The 1%” if they stop believing that the State is the end-all and be-all of all humanity.

No comments:

Post a Comment