The Jury Talks Back

2/27/2009

NY Times Tells God’s Honest Truth

Filed under: Uncategorized — Kevin M @ 12:13 am

The NY Times analyzes Obama’s budget and comes up with the inescapable conclusion:

The budget that President Obama proposed on Thursday is nothing less than an attempt to end a three-decade era of economic policy dominated by the ideas of Ronald Reagan and his supporters.

No doubt they think this a good thing.

The TImes continues on, asserting that taxes will only be raised on “the rich”, but ignoring (as Reagan did not) that high marginal income tax rates also cripple upward mobility, making it very hard for the unrich to get rich.   But maybe that’s the point — hard to stimulate class warfare when people still hope to move up.

3 Comments

  1. I disagree. I will be EASIER to stimulate class warfare when you preclude others from joining the already rich Elitist Democrats.

    Comment by PCD — 2/27/2009 @ 6:58 am

  2. Read it again.

    Comment by Kevin Murphy — 2/27/2009 @ 1:49 pm

  3. If and when “class warfare” breaks-out, our “betters” at places such as the NYT need to remind themselves that their status and position will not protect them, just as it failed to protect the landed aristocracy in France upon the demonstration of that great incidence of Liberty, Fraternity, Equality! in 1793.

    They are so few, and we are so many; and,
    if you run, you’ll only die tired.

    Comment by AD - RtR/OS — 2/28/2009 @ 9:57 am

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