| | Picking up where you left off, Bill ...
8. "[Paul Ryan's budget plan] is so far to the right it makes the Contract With America look like the New Deal".
Really? It's that bad to balance a budget not even abruptly, but gradually, over several years? It's "so far to the right"? Really? What does it mean to be to the left, then? Would perpetually running an annual deficit of, say, a trillion dollars or more (until the country collapses) would that be considered to be "to the left"? If the annual deficit was between, say, a quarter trillion and a half a trillion dollars, then would that be considered centrist -- so that annual deficits of under a quarter trillion would be considered to be "to the right"? Is a balanced budget economics and math, or is it just petty politics?
9. "[The upcoming presidential election will be a choice between a country in which] a shrinking number of people do exceedingly well while a growing number struggle to get by [versus one in which] everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same rules."
Really? Everyone playing by the same rules, huh? What about GE and Solyndra? Do they play by the same rules as the rest of us or do they get special deals (as outlined in the book: Throw Them All Out)? Talk about an unpresidential hypocrite.
10. "I know that the true engine of job creation in this country is the private sector, not Washington, which is why I've cut taxes for small business owners 17 times over the last three years."
Show me the list of tax cuts. Also, what about ObamaCare, which is a looming and an uncertain level of "tax" on all businesses? And most importantly, what do these small business owners have to say? It's one thing to say that you've done a lot for them, it's another thing for them to say that they are ready to hire. Do they say that -- now that they've got their 17 tax cuts -- do they say that they feel confident investing in new employees in order to accommodate their expanding businesses? Are their businesses exanding in the first place? Why not? Do you have anything to do with that?
11. "These investments [Medicare, Social Security, EPA] aren't part of some scheme to redistribute wealth from one group to another. They are expressions of the fact that we are one nation."
In the first place, do we need expressions of that fact? Does being one nation automatically mean being a collectivist nation? Is that what "one nation" means?
12. "[Paul Ryan's budget plan] is really an attempt to impose a radical vision on our country. It is thinly veiled social Darwinism. It is antithetical to our entire history as a land of opportunity and upward mobility for everybody who is willing to work for it."
Oooh, balancing the budget is sooooo radical! Balancing the budget is antithetical to our entire history? Whatever!
13. "You can be sure that with cuts this deep, there is no secret plan or formula that will be able to protect the investments we need to help our economy grow."
But you just said that "the true engine of job creation is the private sector". Now you are saying that in order for the private sector (the markets of the economy) to grow, then government has got to first do things (besides get out of the way). So, which is it, Mr. President? Pick one and stick with it.
14. "For much of the last century, we have been having the same argument with folks who keep peddling some version of trickle-down economics. They keep telling us that if we'd convert more of our investments in education and research and health care into tax cuts, especially for the wealthy, our economy will grow stronger. ... the results of their experiment are there for all to see. ... In this country, broad based prosperity has never trickled down from the success of a wealthy few ... It has always come from the success of a strong and growing middle class."
First of all, you don't convert such "investments" (taxes) into tax cuts. That implies that there are these 2 things: (1) the taxes and (2) the tax cuts. In reality, there is only one thing: taxes. You either have them or you don't, but it's not 2 different things. Second of all, the results that are "there for all to see" are not the result of free markets, but that of an increasingly socialized country (year over year). Thirdly, "trickle-down" is a metaphor, not a literal statement (e.g., where 100-dollar bills slide down some kind of children's-game "Chutes and Ladders" slide from the wealthy few to the poor). And fourthly, what is it that grows a middle class?:
Which of the following leads to a strong and growing middle class?
a) capitalism b) socialism c) fertilizer d) anabolic steroids
Seriously. Which one grows the middle class?
Ed
(Edited by Ed Thompson on 4/08, 6:48pm)
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