4 thoughts on “The Welfare State”

  1. Obama said a lot of stuff too in his campaign. Remember net spending cuts? I’m not saying that Ryan and Romney are pathological lying closet-Marxists, but let’s not get too hopeful that the Capital will actually act on the messages they get in November.

  2. There’s no such thing as a ‘tax cut.’ That phrase should make the speaker Bozo the clown (Yeah, they should be made to wear the costume during all interviews for a week after making the statement.)

    It’s either tax revenue or tax rate. Ok, tax burden is acceptable as well.

  3. Whether we will have government welfare doesn’t appear to be on the ballot so much as the degree and structure. Perhaps more important is whether we will put up with a tax and regulation structure designed to punish the successful, with a government burden well past the futility rate. Only an innumerate leftist could seriously believe the Laffer curve peaks anywhere past 50% marginal burden rate, and I have argument that the peak is closer to 30%. With total government burden closer to 60%, no wonder this country’s economy is in a slump.

  4. It is not so much the money payed out in the welfare state, which is dominated by entitlement payments to seniors, as it is the corrosive social effects.

    Admit it, who here doesn’t cross to the other side of the street when they encounter an old person. In certain parts of Santa Monica, a person under 65 is afraid to step out of their car — I know this, I have seen this on that Betty White television program.

    And when the monthly Social Security direct deposits go out, the line that forms at the drug store to buy Geritol for its alcohol buzz, and you have to step around oldies on the sidewalk sleeping off their over indulgence.

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