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Elsewhere (80)

December 3, 2012 by David 27 Comments

Mark Steyn on the cost of Big Government:

The problem facing the United States government is that it spends over a trillion dollars a year that it doesn’t have. If you want to make that number go away, you need either to reduce spending or to increase revenue… We already have a more severely redistributive taxation system than Europe in which the wealthiest 20 percent of Americans pay 70 percent of income tax while the poorest 20 percent shoulder just three-fifths of one percent… Yet Obama now wishes “the rich” to pay their “fair share” — presumably 80 or 90 percent. After all, as Warren Buffett pointed out in the New York Times this week, the Forbes 400 richest Americans have a combined wealth of $1.7 trillion. That sounds a lot, and once upon a time it was. But today, if you confiscated every penny the Forbes 400 have, it would be enough to cover just over one year’s federal deficit. And after that you’re back to square one. It’s not that “the rich” aren’t paying their “fair share,” it’s that America isn’t. A majority of the electorate has voted itself a size of government it’s not willing to pay for. 

A couple of years back, Andrew Biggs of the American Enterprise Institute calculated that, if Washington were to increase every single tax by 30 percent, it would be enough to balance the books — in 25 years. If you were to raise taxes by 50 percent, it would be enough to fund our entitlement liabilities — just our current ones, not our future liabilities, which would require further increases. This is the scale of course correction needed. If you don’t want that, you need to cut spending — like Harry Reid’s been doing. “Now remember, we’ve already done more than a billion dollars’ worth of cuts,” he bragged the other day. “So we need to get some credit for that.” Wow! A billion dollars’ worth of cuts! Washington borrows $188 million every hour. So, if Reid took over five hours to negotiate those “cuts,” it was a complete waste of time. So are most of the “plans.” Any “debt-reduction plan” that doesn’t address at least $1.3 trillion a year is, in fact, a debt-increase plan.

Related, the trajectory of socialism in cartoon form. Also, Thomas Sowell on taxes and fairness. And of course this.  

Victor Davis Hanson ponders the American left:  

Weighing over 250 pounds, not rickets, is a national plague. Riots target sneaker stores, not food bins. Sandra Fluke naturally became the epitome of frustrated liberal-mandated equality. We are to believe that an upscale white law student, who by choice enrols at a Catholic university, is deprived because her university will not pay for her condoms or abortion pills. Her cell phone no doubt costs more than a year’s supply of prophylactics. The result is psychodrama, not class struggle, as liberals strain to find ways in which America is Les Misérables rather than the Kardashians, plagued by this obsession to step in and make everyone (except themselves) the same. 

And Claire Berlinski, mentioned previously here, reviews Bruce Bawer’s The Victims’ Revolution – The Rise of Identity Studies and the Closing of the Liberal Mind: 

In what must be reckoned a martyrdom operation, Bawer has spent countless hours not only reading the collective oeuvre of the leading luminaries in Black, Women’s, Gender, Queer, Fat, and Chicano Studies, but also travelling America to attend their conferences. At a gathering of the Cultural Studies Association at the University of California, Berkeley, for instance, Bawer encounters the young Michele, who’s “like, a grad student at UC Davis?” She’s “sort of reviving a Gramscian-style Marxism,” involving the idea that global warming is “sort of, like, a crisis, in the human relationship to nature?” Bawer claims that his heart goes out to her. (His heart is bigger than mine.)

As usual, feel free to add your own links and snippets in the comments. 




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