Tuesday, December 7, 2010

Let's Make A Deal!

After all that posturing during the election season. After all the nonsense about “D is for Democrat and R is for Reverse” or whatever, and then the ridiculous arbitrary statement that “Tax cuts for the rich are paid for by the middle class,” and, “Tax cuts for the rich will cost $700 Billion.” Well, I guess the democrats don’t really believe that nonsense either, because they signed off on extending President Bush’ tax cuts for all Americans. And good for them – good for us!. Now if only Democrats were “compromising” for the right reason, that being to not further stifle economic growth and try to grow the market for jobs in this country. Unfortunately they intend to make good on their threats. They show no indication of reducing spending to offset the decrease in tax dollars, so the net result will be more debt and more uncertainty, so the economy will remain stagnant.

This is all part of the plan, as demonstrated by two things that happened in conjunction with the extension of the Bush tax cuts. First, Democrats are also going to cut the Social Security tax for one year – not because they intend to reduce benefits, which would actually be a good thing, but because they want to further compound the debt crisis. That’s right, they want that. Second, Democrats have scrapped the previous plan to extend unemployment benefits by 12 weeks and instead extend them an additional 13 months! Naturally this will cost hundreds of billions of dollars at a time when the government is already taking in less than it did before, but it also aligns the next unemployment fight with a very important event:

The Iowa Caucus.

That’s right, in case you forgot, election season started the first Wednesday after the first Monday of last month, and although Bama will probably run through the primaries unopposed this gives Democrats something to grill conservatives on (unopposed in the major media) at the beginning of Primaries season, saturating the airwaves with sappy emotional stories of people who are chronically unemployed. Blah. Blah, blah. So get ready for that nonsense. Meanwhile, don’t expect the President to “compromise” on anything for the rest of his presidency. It is critical to the Democrat strategy to keep the economy stagnant by continuing to spend this country into oblivion. That allows Bama to get in front of the camera and read a message on his teleprompter that goes something like, “We tried it their way, but now we know for sure that tax cuts don’t work…” When in reality the tax cuts do work but our completely inept government has no idea how to implement meaningful reforms that incentivize work instead of joblessness.

Which leads me to my next post: What do we have to show for three generations of incentivizing poverty, i.e. The Great Society!

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