Wednesday, June 15, 2011

Feed the Rich

Where did all the tax cut money go? It went into very few pockets and from there to emerging markets where it is busy creating low-wage jobs and a future of non-American economic power. Why would those tax cuts create jobs here when the big plan was to ship the work somewhere cheaper, someplace without the nuisance safety regulations, and workers' rights and benefits? In another era this strategy would have been called UnAmerican, but it's hard to call a party unAmerican when they are wrapped in the flag.

You can read Krugman every week, or Joseph Stiglitz every once in a while, to get a sharp mature assessment of the GOP bullshit. But sometimes it's interesting to go at the b.s. one talking point at a time, like economist Brad DeLong does, and see how quickly the right wing arguments fall apart. And they do. Sadly, it takes a brain and a bit of patient thought to see how fragile the GOP material is.

The GOP arguments fall apart because they are saying one thing while carefully planning something completely different. At moments of contradiction you will usually see John Boehner burst into tears, which is a helpful distraction. The Republicans have their game plan and it doesn't do most of us any good. It wasn't meant to.

Their strategy is to make sure the economy screws most of us over and hands the fruits of that screwing over to the handful of people up top. The plan is to streamline the narrowest possible delivery of wealth. Efficiency for the very few. This is the economy they want. This is the economy they planned. An overseas economy of underpaid, eager, frightened people with no rights. A Dickensian economy, a Scrooge economy. If it makes Americans angry the Republicans are assuming that most will blame Obama. To make sure of that, there is talk radio and Fox"News".

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