Op-Ed Columnist - The Same Old Song - NYTimes.com
This article ends with the sentence:
"This is a party that, given a choice between Abraham Lincoln and Ronald Reagan, would choose Ronald Reagan in a heartbeat."
Now THERE is a "testable hypothesis", but potentially, it was the most cogent part of the article.
Democrats have been arguing for years that "tax cuts are spending" -- at least in their universe, where everything belongs to the government, and what you keep is really the government's too. It is a universe to the left of France, somewhere in the vicinity of the old USSR. So far, the Democrats have failed to notice, that when everything is the government's, there is inherently a whole lot less to tax, spend, or eventually, even borrow. Money may just be printable willy nilly, but value is not. It requires somebody to "create something of value", and the people that do create value expect to be paid more than those who do not -- if they are not so paid, they tend to produce less, or not at all.
This article ends with the sentence:
"This is a party that, given a choice between Abraham Lincoln and Ronald Reagan, would choose Ronald Reagan in a heartbeat."
Now THERE is a "testable hypothesis", but potentially, it was the most cogent part of the article.
Democrats have been arguing for years that "tax cuts are spending" -- at least in their universe, where everything belongs to the government, and what you keep is really the government's too. It is a universe to the left of France, somewhere in the vicinity of the old USSR. So far, the Democrats have failed to notice, that when everything is the government's, there is inherently a whole lot less to tax, spend, or eventually, even borrow. Money may just be printable willy nilly, but value is not. It requires somebody to "create something of value", and the people that do create value expect to be paid more than those who do not -- if they are not so paid, they tend to produce less, or not at all.
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