"Most of the people in the upper income brackets are not rich and do not have wealth sheltered offshore. They are typically working people who have finally reached their peak earning years after many years of far more modest incomes - and now see much of what they have worked for siphoned off by politicians, to the accompaniment of lofty rhetoric."
And thus we have the term "tax and spend."
And why not? It is other people's money after all. Or even better, it's the gubment's money!
How does it work?
First comes the "lofty rhetoric." We need STIMULUS!
Second is the constitutional appropriation of funds - Congress! Driven by "the agenda," the media helps with the sale. Minds must be converted and um, consciousness awakened!
Money will be spent on SHOVEL READY JOBS! We need to shore up and replace CRUMBLING INFRASTRUCTURE! We must rebuild OUR SCHOOLS, take care of the CHILDREN, the ELDERLY, and the OPPRESSED AMONG US. We need to BEAUTIFY OUR PARKS, and PRESERVE THE ENVIRONMENT for the enjoyment of generations to come.
Well, we could go on, couldn't we!
And where does the "STIMULUS" end up? As it turns out there are no SHOVEL READY JOBS. And it's a shock to the purveyors of the STIMULUS! The CRUMBLING INFRASTRUCTURE continues to crumble. SCHOOLS are not built or rebuilt (except by local gubment entities, at local expense, via bond referendums so the costs can be kicked down the road for future gubment patrons to pay MORE money for). The CHILDREN, the ELDERLY and the OPPRESSED AMONG US continue so, and amazingly grow in numbers for convenient future "lofty rhetoric." PARKS and the ENVIRONMENT worsen so more taxes and fees can be assessed to fix that burgeoning crisis!
Where the the "STIMULUS" money actually go? To constituencies and constituent groups!* And it's not even all spent! No, there are future constituent needs that will need money too. Money must be reserved.
Spending since 2006 is out, out, out of control and can NEVER be paid for.
The debate now is on "cutting." Will there be cuts? We just had a compromise with MASSIVE and DRACONIAN cuts. They amounted to the equivalent of someone earning $360,000 cutting $.50 from their food budget.
MORE CAN KICKING!!
What "lofty rhetoric" will we be hearing in the coming months? The RICH are not paying their fair share! We must close this MONSTROUS DEFICIT! And the cycle will begin anew!
That never reduces deficits. But the purveyors of the "lofty rhetoric" already know that!
THE REAL WAY TO REDUCE DEFICITS IS FOR THE GUBMENT TO STOP SPENDING AND GET OUT OF THE WAY AND UNFETTER ENTREPRENEURS AND BUSINESSES TO GROW THE ECONOMY SUCH THAT MORE PEOPLE CAN BE INTRODUCED INTO A VIBRANT MARKETPLACE AND ACTUALLY PAY TAXES!
But the purveyors of the "lofty rhetoric" already know that too!!
Why do that when the dream of someone's father can actually be realized!
* Including the party faithful, union loyalists and electioneering boards.