Monday, March 09, 2009

Boom to Bushville

Behold the Internet version of the angry mob in this flickr album's comment section! Over on YouTube the crowd is slightly less frightening, but it's amazing anybody has the stamina to view the 10 minute dull prattle of an oppressed wealthy man and still post incensed yet witty comments. See if you can pass the endurance test:

I really only gathered a few things from the above video. TigerHawk sees himself as a member of the Better Class, looks down on people who make less money, and thinks small businesses create "lame jobs." Bizarre threats of Going John Galt are beyond belief because if these presumably educated tycoons were so bloody smart they would understand how our tax system works. All of your income is not taxed at the same rate. The TigerHawks of the country will only pay another 3 cents on the dollar for the income they earn over $250K! To shut down your business or even turn away customers is absurd.

You want to know who I feel sorry for? The families living in Bushvilles. These are the new shanty towns -- named after George W. Bush just like Hoovervilles were named after President Herbert Hoover. Hey, if we're going to relive history, let's make sure we understand it. There's a lot of bull going around that somehow FDR prolonged or even created the Great Depression. Writer Jonathan Chait tackles this new chapter of revisionist history:
Moreover, the classic right-wing critique fails to explain how the economy recovered at all. In one of his columns touting Shlaes, George Will observed that "the war, not the New Deal, defeated the Depression." Why, though, did the war defeat the Depression? Because it entailed a massive expansion of government spending. The Republicans who have been endlessly making the anti-stimulus case seem not to realize that, if you believe that the war ended the Depression, then you are a Keynesian.
I don't know what the Republicans will do when the public figures out that the Democrats' policies have been historically good for economic growth and all these Republican obstructionist battles over President Barack Obama's budget are a blatant sham.

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