Ain’t Nothin’ “New” in This Approach

by McQ | October 21, 2008 4:01 pm

Via Hot Air and Ed Morrisey[1]:

You know, I get tired of saying things over and over and I’m sure you get tired of reading them (I at least try to say it a little differently each time to cut down on the monotony), but this is important.

I remember feeling just like I do now as Jimmy Carter seemed poised to win the presidency. I told everyone who would listen, “he’s going to raise your taxes and that’s going to hurt the economy.” They all smiled at me like I was just some addled yahoo who didn’t understand. They wanted “change” from that nasty old Nixon and they just didn’t care about all these “scare tactics” from the right. And, of course, Carter won, he raised our taxes and the economy went south, inflation ran rampant and the “misery index” was introduced to America.

I have the same feeling now.

Let’s look closely at what one of the architects of the financial meltdown said above:

I think at this point, there needs to be an immediate increase in spending, and I think this is a time when deficit fear has to take a second, uh, a second seat. I do think this is the time for a very important kind of dose of [unintelligible]. Yes, I think later on, there should be tax increases. Speaking personally, I think there are a lot of rich people out there who we can tax at a point down the road to recover some of this money.

Spending: good (except, of course, when the other side does it). Deficit: not important (except when the other side runs it up). Taxes: increase (but don’t admit the increase will effect everyone). How to sell it: claim only the rich will be taxed (but do what you have to do, in reality).

Oh, and I loved the “recover some of this money” line – like it was his money. I mean think about it – they’re going to take your tax money and give it back to you as a “stimulus” and pretend it is theirs. That’s why Franks wants tax increases – you have to recover your “their” money by – wait for it – paying more taxes. It is your “patriotic” duty. Why is it with Democrats that “patriotism” somehow always involves you giving them money?

All of this, of course, is an example of class warfare at its finest melded with the classic Democratic answer to any crisis – tax, spend and run up the deficit. There, for all to see from one of the Democratic leaders in Congress, is the near future.



Sounds like business as usual to me as history gets ready to repeat itself.

[Crossposted at QandO[2]]

  1. Ed Morrisey:
  2. QandO:

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