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12.21.2003
A visit to Uncle Ben's White House Thoughts on Rubinomics: Archive Entry From Brad DeLong's Webjournal: "The 'Reagan Revolution' did not shrink the size of the federal government: in 1980 when Ronald Reagan ran for president federal spending (gross of offsetting receipts) was 22.7% of GDP; in 1992 when Bill Clinton ran for president federal spending was 23.2% of GDP. The 'Reagan Revolution' did change the shape of federal spending: one-third of domestic federal spending outside of the entitlement programs went missing between 1980 and 1992, replaced primarily by debt interest and secondarily by higher military spending. " Right, you see its not about whether the government is spending money its about who gets the paychecks issued out of Washington D.C. There IS a difference between Democrats and Republicans but the idiots that think its a choice between BIG government and SMALL government just aren't paying attention. Its a choice about the direction federal money takes. They both spend money like a lotto jackpot winner. Have we really experienced a decrease in the amount of government spending under Republicans? No, we haven't. But its considered palatable because deficit spending ultimately diverts taxpayer money into the hands of debtholders. When we decrease deficit spending and put that money into beneficial programs we commit a major sin. We actually take money out of the pockets of rich people in the form of taxes and put that money to productive use. Are Democrats absolved from this sin? Hell no... Clinton maintained his fair share of corporate welfare, its just taken to new heights under Republicans. Its not suprising that major corporate interests line up for the Republicans. Not because they think Democrats will cut them off. The payoff is bigger with an (R) next to it. Why are small goverment Conservatives mute when George W. Bush cuts revenue and spends like a horny drunk guy on ladies night? To their credit some have spoken out. The Cato Insitute at least has the balls to admit the truth: But the real truth is that national defense is far from being responsible for all of the spending increases. According to the new numbers, defense spending will have risen by about 34 percent since Bush came into office. But, at the same time, non-defense discretionary spending will have skyrocketed by almost 28 percent. Government agencies that Republicans were calling to be abolished less than 10 years ago, such as education and labor, have enjoyed jaw-dropping spending increases under Bush of 70 percent and 65 percent respectively. They have won points in my eyes. They may be wrong about free markets, but hey, at least they stick to their guns. Piss on you Heritage! You see, as the Federal government borrows money to finance politically motivated invasion schemes rich people buy up the debt and will reap the benefits of years of of re-directed tax revenue. Their money is a boomerang. It comes back in the form of debt repayment. That's good spending! Not to mention all the money made off boondoggle miltary spending. Meanwhile familes BUY bulletproof vest for their kids because we're not making sure they have proper gear! The Army private first class said he had been assigned an antiquated rifle, but not enough ammunition to set the sights properly, Brian Hart recalled yesterday. The protective plates also didn't fit his Kevlar vest, the soldier told his father. Last week he called to say that the Humvees they were using were not reinforced with armor. Their son John Hart is dead, another casualty in the class war. As we funnel more money to pork military projects cloaked in national security shrouds. For gods sakes... buy the stinking vests first! Leave the Osprey die already! Screw the missle defense shield that never worked, buy the vests already! I'm not a big fan of the miltary but simple human decency demands that you don't send kids out to die without decent gear. Support the troops my ass, support massive miltary spending on phantom technology is the real mesage here. but moving on... If, say single mothers got a subsidy for child care that would be doubly bad. First because it would give them breathing room in the labor market, second because the rich people's money would be used on (gasp) other people! I once worked with FIVE mothers (two single mothers!) and the amount of money they spent on child care (amazing!) just about totally negated what they earned working a full time job. But they could not afford to not work. Its like slave labor, only better. But what the heck, isn't it better that millions of babies get dumped in child care versus spending time with their mothers? Sure, screw families values. The only family we care about is Uncle Benjamin. Working mothers and child care = GDP! Stay at home moms and child rearing means -GDP! Bad for wealthy right? When I say its class warfare I mean it. This extends to all facets of American life. Soldiers die, mothers work for free. Who care, right? Not the dumb ass people that think Republicans will get "gubmint off our backs". They won't. They passed the PATRIOT act. I don't care how many times Rush preaches to the choir. Its simply is not true. For while it might make you feel all warm and comfy to bash Democrats and Liberals, it doesnt mean your making the world the better place. Isn't that what we all want? Or is it just a few extra Abes in our back pocket? | |
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