Monday, April 25, 2011

Soak the Rich? I'm IN!

Earlier this month, fellow Miami alum Paul Ryan and his Path to Prosperity budget wrecked conservatism as I know it. Ryan wants to make America more competitive by renovating the welfare state and reducing taxes! This is a bad idea, because everyone knows America’s greatness is rooted in entitlement programs and progressive taxes on The Rich.

As every leftist reaction to Congressman Ryan’s plan proves, class warfare is a central component of today’s illiberal “liberalism,” and government redistribution a vital plank in the Democratic Party platform. If you’re poor, the government should decide what you deserve and see that you get it. If you’re rich, the government should decide what you need – and see that you don’t get more. Consider Senator Sherrod Brown’s whinging after voting for some measly spending cuts:

But as we take our next steps in reducing the deficit we must look at the entire budget and not just the small slice devoted to spending on programs like education and workforce development. And we must reject the proposal put forth by House Republicans that would cut Medicare to give extra tax cuts to millionaires.

soaktherich.us

It’d be one thing if Ohio’s shamefully stupid Democrat senator said things like this regularly, but he’s got company from a somewhat more powerful liberal named Barack:

There’s nothing serious about a plan that claims to reduce the deficit by spending a trillion dollars on tax cuts for millionaires and billionaires. And I don’t think there’s anything courageous about asking for sacrifice from those who can least afford it and don’t have any clout on Capitol Hill. That’s not a vision of the America I know.

Mary Katharine Ham and David Burge (with later help from Bill Whittle) demolished the illusion that higher taxes on the rich will keep the nation’s entitlement programs humming, but math doesn’t deter Sherrod & Barry. Reuters columnist James Pethokoukis (among many, many others) trashed the president’s budget “framework,” and The Wall Street Journal explained again that it’s impossible to fund the welfare state by hiking taxes on the wealthy. No matter. If the welfare state cannot be beaten, it must be joined!

Were I still a capitalist swine, I’d say the Democrats who live by promising endless goodies will have to find the cash somewhere; either they’re too clueless to realize The Rich can’t cover the tab, or they’re lying through their teeth. Fortunately, my senator and president have cleared the dark fog of mathematics from my eyes: let’s find some fat-cats to soak!

This post marks the start of a series. To assist Sherrod Brown and Barack Obama in their re-election campaigns, I’ll be listing selfish companies and individuals who should be “encouraged” to better support America’s entitlement spending. With luck, this will be as effective as the help I offered Bob Etheridge in 2010!

Cross-posted at that hero.

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