Politicians: Mild Spending Trims = Economically Devastating. Big Tax Hikes? No Problem!

So much better to listen to. |||As the nation girds itself for last-minute Sequester Hysteria Inflation, it's worth taking a moment to reflect on how statists have decisively revealed themselves these past two months. All you have to do is compare the blatant, coordinated politician-fearmongering in the run-up to Friday's statistically insignificant one-year trim in federal spending with the relative absence thereof in the face of the New Year's tax hike on 77 percent of Americans (by an average of $1,257).

The White House's "Seven Things You Need to Know About the Tax Deal" somehow managed to avoid discussing the negative impacts that the reduction in take-home pay will have on an already fragile economy. Yet here was President Barack Obama yesterday warning about the "hundreds of thousands of jobs" that will be lost due to the sequester cuts. The Obamaite Center for American Progress hailed the New Year's tax hike by saying "Of course, any new revenue is a step in the right direction." But if you take money out of bureacurats' pockets instead of taxpayers? "Sequestration Takes a Big Bite out of Economic Growth."

This is a basic, revealing conflict of philosophical visions. On one side are people, like these 350 economists, who believe that prosperity and jobs flow primarily from government spending. On the other side, the rest of us. When faced with having their fiefdoms inconvenienced, politicians will use our tax dollars on scaremongering where the emotional manipulation is right there in the headline: "Impact of...Cuts on Middle Class Families, Jobs, and Economic Security." When faced with inconveniencing taxpaying Americans, crickets.

Reason on the sequester here.

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  • stoneymonster||

    What's mine is mine and what's yours is mine.

    Simple.

  • sarcasmic||

    Might makes right.

  • ||

    What's mine is mine and what's yours is mine.

    This is why there are no libertarian women!!! They can't get past this central tenet of their belief system.

  • AuH2O||

    lol... whut?

  • Dweebston||

    Monogamous joke is monotonous.

  • Brian D||

    Sequestration Take A Big Bite out of Government Growth

    If only.

  • Matt Welch||

    Whoops! Thanks for catching my mistake.

  • Tulpa (LAOL-PA)||

    It was a mistake?

  • John||

    http://www.ctmirror.com/story/.....se-revenue

    Finally someone figures out that we need to go after the hoarders.

  • Fatty Bolger||

    Wreckers are next! Forward to prosperity, comrades!

  • Red Rocks Rockin||

    I really wish these states would just embrace their inner commie and put in the European-style progressive tax rates they actually want. I'm talking 25-50% average revenue to GDP tax rates, not the piddly single-digit rates cited in the article.

    Go big or go home, fuckers.

  • Adam.||

    Then the dichotomy will really start proper! Texas will be awash in talent

  • Loki||

    At which point all the people who moved to TX to escape their progressive hellholes will set to work transforming TX into a carbon copy of the place they just left.

    "Surely it will work this time!" Morons.

  • Jordan||

    Keynesian clownnomics at its finest.

  • ||

    Parasitical elements in the US government are being supported by corrupt politicians. Wasteful social and military programs are costing the nation trillions annually, only a Czar can straighten out this mess. Millions will have to turn to privately run charity organizations to survive, the abandoned and worthless will starve or die from lack of medical attention, but that is good news.

  • sarcasmic||

    The average family taking a hit of around a grand in payroll taxes, with median incomes just over $30K, is "a step in the right direction."

    Yet the feds having to trim the equivalent of $440 from a $37K budget is the end of the fucking world.

    These people really deserve to be tarred and feathered. Or simply hanged.

  • John||

    Hanged.

  • Restoras||

    Hanged, drawn, and quartered. The traditional punishment for traitors.

  • libertarian viking||

    Shot; with AR-15's with 3D printed lowers.

  • ||

    On one side are people, like these 350 economists, who believe that prosperity and jobs flow primarily from government spending

    The logical endpoint of this view is that we should all be working for the government, as that promotes maximum government spending on our salaries. So, communism. Or gross stupidity. Or both, since they're the same thing. Why are we calling communists "economists"? Why are we calling these retarded people anything other than "mongoloid"?

  • ||

    Even though they bring home the bacon, most of these economists don't wear hats. So we really should know.

  • John||

    That is exactly the end point. Of course we know from 70 years of communism that that end is a ticket to poverty and oppression. But these people have never accepted 1989. They honestly believe that what failed on a grand scale can work if it is only done half way.

  • mustard||

    The USSR would have had a very different history if it hadn't had to deal with constant existentialist threats from right-wing military powers for those 70 years. We won't have to deal with the likes of Hitler and Reagan, now that every power in the world is either already in a common sense community-directed economy, like China, or working to get there, like Europe and the US, however much the teabaggers want to drag our anchor, things will be different.

  • John||

    Sadly, I can't quite tell if you are being serious or not. But no doubt there are a lot of very idiotic people out there who believe just this.

  • ||

    Don't remember mustard very well. Is this serious, or sarcasm? Pretty sure it's sarc, but you can never be sure.

  • $park¥||

    No, this is typical of his/her/its posts.

  • rts||

    Have we hit Peak Stupid yet?

  • itsnotmeitsyou||

    Peak stupid is a myth.

    "The difference between genius and stupidity is that genius has it's limits" - Einstein

  • ||

    mustard, you're the worst sockpuppet ever.

  • Red Rocks Rockin||

    No, it will be pretty much the same, and will look like this:

    http://en.wikipedia.org/wiki/F.....n_1836.jpg

  • Red Rocks Rockin||

    They honestly believe that what failed on a grand scale can work if it is only done half way.

    I'd say their interpretations of scale is completely out of whack. They honestly believe that there are no limits to it and that something that works for, say, 30 million can easily be applied to over 300 million and work just as well (universal healthcare), or that you can shove an increasing number of people, irrespective of their cultural, ethnic, or economic background, into a relatively limited urban area and not have any resulting social breakdowns, as long as there is A Government Program or Office to deal with them proactively.

    I've been reading a book on the evolution of the Prussian military system, and the author argues that what hampered WW1 armies, as much as anything else, was that they were completely unprepared for handling the sheer scale of the conflict in terms of logistics, manpower, and operations. Their staff system was still more akin to the Napoleonic system that was great with about 85,000 troops, but became impossible to coordinate effectively once his army reached 225,000. This same dysfunction of scale applies to any complex social organism, but the modern left only acknowledges it as a nuisance instead of the systemic rot that it really is. They believe Joseph Tainter to be a pessimist rather than a realist.

  • John||

    They were totally unprepared to do combined operations at really anything above the division level. But in their defense, the 19th Century armies were not so hot even with smaller numbers. The Franco Prussian war was a drunken bloody brawl as poorly fought as the worst parts of the US civil war and the Crimea wasn't any better.

    And they also didn't have wireless technology. That made communication over the kind of distances necessary for a modern battlefield impossible. There is no way you can coordinate artillery and infantry movements without some kind of wireless technology.

  • rts||

    that something that works for, say, 30 million can easily be applied to over 300 million and work just as well (universal healthcare)

    As someone who lives in a country of ~30 million with universal health care, let me inform you that "works" isn't the word I'd use for it.

  • sarcasmic||

    The other part is that government doesn't actually produce anything of value. It only consumes. So government spending is step two. Step one is acquiring/printing the money.

    So many people casually gloss over step one and start at step two.

  • crashland||

    Not only doesn't government actually produce anything of value, it actively works to stop those that do.

  • sarcasmic||

    But that's how it stimulates the economy!

    All those government workers who prevent people from producing anything of value receive paychecks that they then spend, with a multiplier effect!

    Because of the multiplier, more wealth is generated by preventing the creation of wealth than by allowing it!

    /Keynesian derp

  • $park¥||

    New word: ecommunists!

  • sarcasmic||

    Keynesians

  • Sarg221||

    I like "ecommunists" better. If DiFi can label any semiautomatic rifle with a detachable magazine and a pistol grip or folding stock an "assault weapon," why can we label some ivory tower idiots that think that government is the source of all that is good something just as scary sounding?

  • ||

    Not only is Hysteria so much better to listen to, it's also instructive. Rick Allen lost a fucking arm—that's 25% of his limbs, for comparison to budget non-cutting—and still managed to "Pour Some Sugar on Me." Are you getting it? Really getting it?

  • sarcasmic||

    Yeah, but it still had the abomination "Love Bites" which can never be forgiven.

  • John||

    So you want our government to be as good at its job as Def Leopard was it its job?

    Why do you hate America?

  • ||

    Def Leppard was huge for like 6 years and then went away. So YES.

  • John||

    So it was the World War II government of bad rock bands?

  • wareagle||

    i don't know about 'went away.' It still tours every summer and draws big crowds.

  • ||

    Are you actually claiming Hysteria, which is a terrible, sugar-laden dumbass album for teenage idiots with artfully ripped jeans, is better than Pyromania? Because if you are, IT'S ON, NIKKI DIAMOND.

  • sarcasmic||

    As a teenage idiot with artfully ripped jeans who purchased Hysteria in 1988, I resemble that remark!

  • Restoras||

    Me too!

  • ||

    Then it's fucking on. Who do you think likes sugar-laden dumbass albums more than little kids riding around with their moms? OTHER THAN MY MOM? You will not destroy my childhood.

  • ||

    So you're saying that Hysteria is for little kids riding around with their moms. Since that was exactly my point, THANK YOU.

    (drops mic, rips jeans, walks off stage)

  • ||

    I wasn't a teenager, and I was wearing stirrup pants.

    Otherwise, YOU'RE WELCOME.

  • $park¥||

    Stirrup pants ... with leg warmers?

  • Night Elf Mohawk||

    They started sucking after High 'n' Dry, just so you know.

  • BakedPenguin||

    Yep.

  • Red Rocks Rockin||

    Yeah, Def Leppard sold out--every arena they played in from about 1983 to 1993. The irony is that Hysteria didn't even sell that well for about a year after it was released, and then fucking exploded after Pour Some Sugar On Me was put to video. No way a record company would have that kind of patience today.

    Hate the Defs all you want, but they did what any good libertarian would have done--identify a burgeoning trend in the market (the Bon Jovi-inspired hair metal/chick-rock wave that finally died out in 1992), make money off of it to the greatest extent possible, and live off the royalties ever after.

  • ||

    Busiest drummer in rock and roll.

  • Restoras||

    No. Neil Peart is. He's two drummers in one physical form. It's amazing he hasn't totally broken down by now.

  • ||

    I stand corrected.

  • ||

    80s hair metal was pure shit from top to bottom. Here, something worthwhile from that decade.

  • Matt Welch||

    Too Fast For Love was "pure shit"? I'm afraid our relationship is going to suffer from this, Warty....

  • ||

    All right, Welch, fine. I'll let you have this one. BUT ONLY BECAUSE I GOT YOU SUED.

  • ||

    Motley Crue, Matt?!? I...I...don't know what to say. I'm afraid to ask if you also like Winger.

  • Matt Welch||

    Too Fast for Love is arguably one of the best punk rock records of the '80s. Winger can make no such claim.

  • T||

    That is possibly one of the strangest arguments I've heard lately. I'll have to contemplate this on the tree of woe.

  • $park¥||

  • ||

    If you are calling (the awesome) Prong 80s hair metal, then there is no hope for you.

  • $park¥||

    I wouldn't call them hair metal, I just wanted to throw a good song in.

  • sarcasmic||

    Thanks. Haven't heard that in a while.

  • Night Elf Mohawk||

    Hell, Armored Saint was better than that faux Satanic stuff.

    Also, Warlord.

  • Marshall Gill||

    WTF, Warty?!

    Maiden came out in the 80's!

    WHAT HAVE YOU DONE WITH THE REAL WARTY?!

  • Matt Welch||

    I'm more of a High and Dry man, but I appreciate you extending the metaphor!

  • John||

    Their first two records were decent pop records. Songs like Photograph and Bringing on the Heartache still sound decent today. Hysteria, not so much.

  • Matt Welch||

    I'll sign onto that. Though history has not been kind to Mutt Lange's production values.

  • ||

    Thanks, I do what I can.

  • Heroic Mulatto||

  • ||

    He was thanking me, you total attention whore. Why don't you go listen to "Armageddon It" and stop whoring? Oh my god I hate that song.

  • ||

    I do too; I screwed myself by quoting from it and now it's stuck in my head. This is what I get for trying to piss you off, which I knew I would.

  • ||

    Me too. Now we're both suffering, which should teach us a lessen about pissing each other off, but which instead will just make us more pissed off.

    ARMAGEDDON IT

  • NoVAHockey||

    I saw Warrant in Ithaca about 12 years or so ago. I thought it was a cover band playing a frat party. but it was actually them.

  • $park¥||

    Iron Maiden existed and people were listening to Def Leppard?

  • ||

    AAAAAACESSSSSS HIIIIIIIIAAAAAAAAAAAAAIGH

  • Night Elf Mohawk||

    Or THE TRROOOOPERRRR!!

  • John||

    It was 1987. Frankly Iron Maiden's best days were behind them by then. Pretty much anything after Powerslave was a weak imitation of what they once were.

    Yeah, I am old and remember all that shit.

  • ||

    Seventh Son of a Seventh Son had its moments, but in general you are correct. I do like their post-2000 albums quite a bit, though.

  • ||

    You fucking idiots, Iron Maiden stopped being completely awesome and just became mostly awesome after Paul Di'Anno left.

  • ||

    Hey, let's take a good band, remove its terrible singer, replace him with a good singer, and watch the band get worse. Yeah, that happens all the time. Moron.

  • ||

    Let's see: take a really awesome punk/metal fusion band that is super original and fucking awesome, and take the punk-ish elements out of it by removing its drunk, out of control singer, and bring in a very good fencing master/airplane pilot singer who is also slightly more boring, and turn it into an awesome but less interesting pure hard rock/metal band.

    Yeah, GOOD IDEA ASSHOLE.

  • John||

    Yeah because nothing says good music like a shitty drunk singer trying to do shitty punk metal hybrid music.

  • ||

    John, when you comment on things you know nothing about yet still seem to have an opinion on though you know nothing about them, how does it make you feel; good, or smart, or what? I'm curious.

  • John||

    Let me guess, you are a fan of Limp Bizkit and Linkin Park. No wonder they keep you in Seattle.

  • ||

    Fuck, John. That was below the belt.

  • ||

    FRED DURST FOREVAH

  • ||

    U DID IT ALL FOR THE NOOKIE

  • sarcasmic||

    So you can take that cookie. And stick it up your, yeah!! Stick it up your, yeah!! Stick it up your, yeah!!

    Haaaaaaaa ha ha ha!
    I just got a terrible song stuck in your head!
    Haaaaaa ha ha ha!

  • sarcasmic||

    He did fuck Spears in her prime without knocking her up. Gotta give him some credit.

  • Red Rocks Rockin||

    Let's see: take a really awesome punk/metal fusion band that is super original and fucking awesome, and take the punk-ish elements out of it by removing its drunk, out of control singer, and bring in a very good fencing master/airplane pilot singer who is also slightly more boring, and turn it into an awesome but less interesting pure hard rock/metal band.

    To be fair, most of the NWOBHM bands were starting to copy the Judas Priest configuration by then.

  • Marshall Gill||

    terrible singer

    Oh, no you dint! Wrathchild? Murder in the Rue Mourge?

    And I thought you had taste.

  • Night Elf Mohawk||

    Killers is good, but not Number or Piece of Mind good.

  • BakedPenguin||

    You and Warty are wrong, and also totally worthless. Episiarch is entirely correct.

  • ||

    These people's lack of taste scares me, BP. Do we actually live in a world where they are numerous? It's like the Walking Dead Taste around here.

  • ||

    I only like great music. Like Nickelback.

  • Restoras||

    I call your Nickelback and raise you a Ratt.

  • BakedPenguin||

    I don't know Epi, I think it's just something about growing up in the South that causes it.

  • ||

    ALL SUTHERNERS ARE DUM

  • John||

    Yeah because nothing says good taste like Lenard Skinnard and the world's shittiest rock/blues band a.k.a. The Black Crows.

  • Restoras||

    I'm not a huge Black Crows fan but how shitty can they be if Jimmy Page thinks its a good idea to play live with them and record an awesome album for posterity to enjoy?

  • Zeb||

    I'm no Black Crows fan either, but there are definitely about 1000 shittier rock/blues bands out there.

  • John||

    Four words Zeb;

    She Talks To Angels.

    That song alone makes them one of the shittiest bands ever created.

  • Loki||

    Now I've got that song stuck in my head. DIAF, motherfucker.

  • Night Elf Mohawk||

    A Matter of Life and Death is as good as anything they've done, imo.

  • $park¥||

    Fear of the Dark was the last album I bought, Seventh Son and No Prayer for the Dying were also fine. And Bruce's Balls to Picasso wasn't bad either. Haven't really heard anything from them since then.

  • Rich||

    Of course, any new revenue is a step in the right direction.

    FTFA, the next sentence: For more than a decade, the federal government has been drowning in red ink, in large part because of near-constant tax cuts.

    Of course.

  • Night Elf Mohawk||

    Even a cursory glance at a chart showing revenue and spending would disabuse anyone interested in facts of that notion. Probably explains why the author still holds that notion.

  • db||

    Does this author not pay taxes?

  • Loki||

    "Sequestration Takes a Big Bite out of Economic Growth."

    If only...

  • Loki||

    Brian D| 2.27.13 @ 11:26AM |#

    Sequestration Take A Big Bite out of Government Growth

    If only.

    Apparently there's an echo in here. I should at least peruse the comments first. Oh well.

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