All this is entirely self-evident. Taxation inhibits economic activity. That’s why one sees the flight of people and businesses from high tax states to lower tax states. As jobs and money flee, the tax base shrinks, resulting in less money flowing into government coffers. It’s difficult to understand why this concept is so difficult to grasp for some people.
‘Democrat ex-legislators’ have just sealed Illinois’ fate. It is not hard to figure out what will happen next.
“Wisconsin, here we come!”Unless, of course, Illinois is so progressive, they feel they are not subject to economic consequences. They would first and foremost blame the economy in general - the loss of jobs (new norm) overall, due to whatever - without necessarily understanding what the word
’economy’ actually means. They would further argue that what is quite obvious in ordinary household budgeting becomes counter-productive when applied to a macro model where increased government spending and higher taxes are the ultimate solution. They would have plenty of company in support of that view from the likes of Paul Krugman, Nobel Prize winning economist, to many in the halls of Congress, and in Democrat-controlled State legislatures.
Even more ominously looms the casual wholesale dismissal of economic principles overall; the view that it is and never has been about fiscal policy; that the whole purpose of the exercise is to make things
‘fair’ by re-distributing wealth.
Our current administration has been mounting an all-out campaign to criminalize achievement. Wealth is regarded as some kind of unpardonable stain - and, to some extent, the class warfare narrative has taken hold. If successful, metrics to actually measure economic success or failure would cease to exist. Only one thing would stand in the way of fully implementing the program: neighboring states or countries in which capitalism actually works.
That is why these too have to be destroyed by Federal rules and regulations. It is why Israel cannot be allowed to survive, and why America cannot remain as she once was.
----------------------------------------------------------
Read an article this morning in the WSJ by John Eibner and Charles Jacobs, entitled,
“Will Freedom Come for Sudan’s Slaves?” about a country that is about to be split in two. Among a whole host of outrages, slavery is still practiced in northern Africa. It is of the most brutal and degrading sort, vividly detailed here.
Earlier this week, I saw a clip of a debate on
France 24 about the kidnapping and murder of French citizens in Niger. And yet, we keep our condemnation close to our vests. At no cost must we insult Islamic extremists. They are noble savages, after all. Easier to turn against ourselves and become like them. It is now clear that they won’t necessarily like us any better if we do; but, at least, they’ll presumably no longer be tempted to come across to our shores to raise holy hell. We who have far less experience in the art of intimidation and physical brutality may yet live another day.
http://pkoelliker.blogspot.com/
Posts
