RE: Black Unemployment Rate at Record Low
January 22, 2018 at 1:03 am
(This post was last modified: January 22, 2018 at 2:32 am by The Grand Nudger.)
All that needs is a little pile of steaming shit on the lower right side, with some dirty plebs going at each other fighting over it.
Summarizing my amusement with this thread has lead me to realize that it's a microcosm of why we find ourselves here, in this position, in the first place. The supply side narrative..and more specifically the narrative of this administration RE it's trickle down tax plan has made use of some interesting axes. Relief for the middle class, small business owners, farms, and the notion that a tax holiday will produce business investment.
All of this sounds great. That much, I think, we can all agree on. The devil is in the details. For example, the detail that a small business, which happens to be a farm, almost exclusively serving the middle class as a demographic as opposed to say..the super wealthy or super poor (in rural white america no less) is most definitely not going to be doing any "investing", or be the beneficiary of business investments that have never and will never materialize. That these specific groups which were used to positively sell supply side economics are palpably and demonstrably hurt by supply side economics.
This is an established but inconvenient fact. The way in which people who have been sold on this scheme respond to specific examples hich do nothing but demonstrate the larger trend is to imagine that anyone who brings them up has a super chub for hitlery, or is some kind of welfare draining partisan. This would be a facile objection if it were true...as a person could be both things and they would still be in command of demonstrable facts...but it's downright clownish when neither is true.
More damning, ofc, when the person relating those specific examples is not only not a hillary humper..or poor..but can actively take advantage of the actual purpose of a tax holiday, which is one of many things that trickle down apologists can not only not say..but cannot allow anyone else to say. It's bad enough that none of the pet causes sold to them pan out, but in this case the one obvious thing about the new tax structure..that it advantages those who can rearrange their earnings as an LLC (as the people who both wrote and passed this bill can do) , and that it further advantages that same set when the reduction in rate amounts to effective taxation of precisely zero percent through reimbursement, deduction, flat write off..... or other pro business initiatives. These are not things that an employee can do.
In effect, these people may be well meaning..seeing the list of proposed benefits, and genuinely believing in the sales pitch...but they are being told that they have purchased a bill of goods...not the actual goods themselves. This makes them confront the fact that they just -might- have been taken for a ride. The result of that we see in this thread, other threads, our national discourse, and broadly in both the political and economic reality of these United States. It doesn;t work, in truth it does the exact opposite of what it;s being peddled for....but it would be nice if it did. The middle class need relief. Small farms are becoming a statistical non entity. Greater investment should spur growth. The ability of a small percentage of americans to legally evade taxes should not be a thing - particularly when small business owners can struggle with the same. When any specific counter example to trickle down economics in each of these regards is pointed out, the hope (and satisfaction) of believing that we have achieved these things..finally, is damaged. Something has been taken from the people who have been taken in by it. While we might expect that frustration or anger to be placed where it belongs, with the people who have made it their business to redistribute wealth upwards....it generally get;s placed on the people who point it out, instead.
The irony of a populist movement (or populist pitch) having been fronted out and sold out to serve the interests of corporate entities and the upper crust is painful, and probably more so to people who actually believe in it than to anyone who realizes it's a giant scam. For my own part...I would -love- to see policies that enrich the middle class, and create more middle class citizens. Policies that legitimately advance the interests of small farms. That create more businesses who need to purchase more products (and labor to produce them). Not just because these things would benefit me moreso than most..but because I..like our trickle down fans...think that these things would benefit the entire nation. This, however, is not that...and pretending that it is not only causes the misery that's stats bare out...it actively prevents us from seeking a real solution that does provide those benefits. As long as we keep wasting our time trying to make what;s never worked work..and as long as we're pretending..while we do that..that it -does- work....we are not working towards achieving any of those goals.
I hope that, someday, we can all agree on that as well.
Summarizing my amusement with this thread has lead me to realize that it's a microcosm of why we find ourselves here, in this position, in the first place. The supply side narrative..and more specifically the narrative of this administration RE it's trickle down tax plan has made use of some interesting axes. Relief for the middle class, small business owners, farms, and the notion that a tax holiday will produce business investment.
All of this sounds great. That much, I think, we can all agree on. The devil is in the details. For example, the detail that a small business, which happens to be a farm, almost exclusively serving the middle class as a demographic as opposed to say..the super wealthy or super poor (in rural white america no less) is most definitely not going to be doing any "investing", or be the beneficiary of business investments that have never and will never materialize. That these specific groups which were used to positively sell supply side economics are palpably and demonstrably hurt by supply side economics.
This is an established but inconvenient fact. The way in which people who have been sold on this scheme respond to specific examples hich do nothing but demonstrate the larger trend is to imagine that anyone who brings them up has a super chub for hitlery, or is some kind of welfare draining partisan. This would be a facile objection if it were true...as a person could be both things and they would still be in command of demonstrable facts...but it's downright clownish when neither is true.
More damning, ofc, when the person relating those specific examples is not only not a hillary humper..or poor..but can actively take advantage of the actual purpose of a tax holiday, which is one of many things that trickle down apologists can not only not say..but cannot allow anyone else to say. It's bad enough that none of the pet causes sold to them pan out, but in this case the one obvious thing about the new tax structure..that it advantages those who can rearrange their earnings as an LLC (as the people who both wrote and passed this bill can do) , and that it further advantages that same set when the reduction in rate amounts to effective taxation of precisely zero percent through reimbursement, deduction, flat write off..... or other pro business initiatives. These are not things that an employee can do.
In effect, these people may be well meaning..seeing the list of proposed benefits, and genuinely believing in the sales pitch...but they are being told that they have purchased a bill of goods...not the actual goods themselves. This makes them confront the fact that they just -might- have been taken for a ride. The result of that we see in this thread, other threads, our national discourse, and broadly in both the political and economic reality of these United States. It doesn;t work, in truth it does the exact opposite of what it;s being peddled for....but it would be nice if it did. The middle class need relief. Small farms are becoming a statistical non entity. Greater investment should spur growth. The ability of a small percentage of americans to legally evade taxes should not be a thing - particularly when small business owners can struggle with the same. When any specific counter example to trickle down economics in each of these regards is pointed out, the hope (and satisfaction) of believing that we have achieved these things..finally, is damaged. Something has been taken from the people who have been taken in by it. While we might expect that frustration or anger to be placed where it belongs, with the people who have made it their business to redistribute wealth upwards....it generally get;s placed on the people who point it out, instead.
The irony of a populist movement (or populist pitch) having been fronted out and sold out to serve the interests of corporate entities and the upper crust is painful, and probably more so to people who actually believe in it than to anyone who realizes it's a giant scam. For my own part...I would -love- to see policies that enrich the middle class, and create more middle class citizens. Policies that legitimately advance the interests of small farms. That create more businesses who need to purchase more products (and labor to produce them). Not just because these things would benefit me moreso than most..but because I..like our trickle down fans...think that these things would benefit the entire nation. This, however, is not that...and pretending that it is not only causes the misery that's stats bare out...it actively prevents us from seeking a real solution that does provide those benefits. As long as we keep wasting our time trying to make what;s never worked work..and as long as we're pretending..while we do that..that it -does- work....we are not working towards achieving any of those goals.
I hope that, someday, we can all agree on that as well.
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