Bridges in the Mind to Nowhere

The President's tax request and jobs bill are dead. This is the best jobs news. This is because the proposals are exactly what he always asks for from Congress, tax hikes on the rich and more stimulus spending. Neither of these work for economic growth, especially in a recession. Also, both are insincere.

Raising taxes on the 423,000 millionaires and billionaires in this country is not going to bring balance to the budget. Politicians always increase spending more than any tax increase, which is why they want the increase.

Too, the problem with raising taxes on the “rich” (which includes farms and Mom and Pop stores; millionaires on the gross not the net) is that they are the employers. Poor people don’t hire people. So for those of you with jobs who hate millionaires and billionaires, remember this as you cheer when they have their taxes increased, as you stand in the unemployment line, newly fired.

Now people will say that under President Clinton, taxes were increased and there was an economic boom. This is an unfair comparison. The recession that we were in then was a myth of the Democratic Party for election purposes; consequently the taxes were raised in relatively good times when the margins between profit and loss were greater.

Also, Clinton’s healthcare bill was rejected by Congress and Treasury Secretary Robert Rueben refused to sign off on anything but centrist programs. This political stability led to the boom. It didn’t hurt either that Clinton benefited from the health of the overall economy from President Reagan’s two terms.

Reagan’s terms should have proved that job’s programs and stimulus spending don’t work. He categorically rejected them and instead put the economy into a deep sleep as he refused also to print money. And we prospered with the longest economic boom in our history.

Now people will; of course, accuse me of being a Fox News lackey. Except, I almost never watch the channel unless there’s a hurricane. I dislike all news channels; as a matter of fact. I also don’t trust the newspapers. Being a student of history, I can see the manipulation in a story, many stories coming from the same wire services whether your paper's conservative or liberal.

I usually get my information from organizations which use people I trust right on the ground where the story happens or from intelligence digests. I also do a lot of my own digging. That doesn’t mean again that I never watch the news or read a newspaper, but I watch the T.V. news on all the news channels when I am inclined to and get both a liberal and a conservative newspaper delivered to my home.

I bring this up because when I write something, I use commonsense and history. I don’t like people who pluck an idea out of the air and think that it’s just grand, even when no one has ever tried it or knows what the results of the idea being implemented will be. Or people who believe in an idea which every time it's been tried, it has always led to disaster (socialism).

This brings me to the disingenuous politics of the President in his call for class warfare though he denies it. First off no one has a constituency of basically millionaires and billionaires. You’d lose every election. Secondly, the Democrats are the party of bigwig millionaires and billionaires. Big government leads to big contracts.

Reagan ran for President with the majority of his donations being $20 or less. In fact, the largest contributors are almost always Democrats. And if you don’t believe me it’s only because; and I mean this kindly, you don’t want to.

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