Interesting piece from Ross Douhat. I’ve blogged before aboot Democrat class warfare, where they manipulate people into thinking that anyone who makes more money than you is evil and corrupt by default, and how they owe you some their money since they’re evil and corrupt. Douhat suggests tackling class warfare from the right.
Not a battle between you vs. anyone who has more money than you (and not like this and this), but a battle between the people who are gaming the system vs. the rest of us. Whether it’s “corporate welfare” or “gaming” the system, there are a number of ways where Democrat policies are being manipulated by the same evil and corrupt rich people they like to demagogue, and they’re the one’s who are benefiting most while we pay for it in higher taxes.
So sayeth Ross…
This policy is typical of the way the federal government does business. In case after case, Washington’s web of subsidies and tax breaks effectively takes money from the middle class and hands it out to speculators and have-mores. We subsidize drug companies, oil companies, agribusinesses disguised as “family farms” and “clean energy” firms that aren’t energy-efficient at all. We give tax breaks to immensely profitable corporations that don’t need the money and boondoggles that wouldn’t exist without government favoritism.
And we do more of it every day. Take Barack Obama’s initiative to double U.S. exports in the next five years. As The Washington Examiner’s Tim Carney points out, it involves the purest sort of corporate welfare: We’re lending money to foreign governments or companies so that they’ll buy from Boeing and Pfizer and Archer Daniels Midland. That’s good news for those companies’ stockholders and C.E.O.’s. But the money to pay for it ultimately comes out of middle-class pocketbooks.
This isn’t just a corporate welfare problem. The same pattern is at work in our entitlement system, which is lurching toward bankruptcy in part because of how much Medicare and Social Security pay to seniors who could get along without assistance. Instead of a safety net that protects the elderly from poverty, we have a system in which the American taxpayer is effectively underwriting cruises and tee times.
Give the entire article a read, and please comment in the comment section. I’d love to know what you think of it.