3 Card Monte Economic Policy

The GOPers are setting up the card table. They’re already barking: “Step right up! A game of skill and intelligence! Step right up! A rising tide lifts all boats! Step right up for massive economic growth rates!”

We’ve been playing this game for 35 years. Come on now, America, don’t do it. Every time we play this game we end up poorer, more anxious and deeper in debt. Every time.

The GOPers like to say that they are the party of fiscal responsibility. Total bullshit. The GOPers will hog-wild debt spend on tax cuts for the rich and corporate entities (and tax cuts are a spending ‘investment’), and they will happily debt spend on the military and wars. Happily– and then, when the debt rises because of this irresponsible spending the GOPers will clutch their pearls and declare: “Oh My God! Look how the liberals have indebted our children! We must cut food stamps and educational benefits and HUD and meals on wheels, and Head Start, and…” It never fails. This is their game of three card monte. Again and again we’ve been getting suckered by this scam. Stop it America. Just stop it.

Trump plan will slash taxes for rich people and corporations — and deliver a major boon to his own family

Remember the Iraq war? There was no reason to go to war with Iraq. None. To their great shame, many Democrats supported that GOPer disaster. I hope they learned a lesson. The Iraq war cost somewhere over $2 trillion. It was the first war in U.S. history where we not only didn’t raise taxes to pay for the war, we massively cut taxes, mostly on the rich, during the war.

The nations of the world spending the most to prepare for World War Three

Keep in mind, the rich’s kids didn’t fight the war either, and they got a big fat tax cut. The children of the middle class and poor fought the war. And then when it was over– The GOPers clutched their pearls and declared: “Oh My God! Look how the liberals have indebted our children! We must cut food stamps and educational benefits and HUD and meals on wheels, and Head Start, and…”

It just never gets old, that one.

“Step right up! A game of skill and intelligence! Step right up! A rising tide lifts all boats! Step right up for massive economic growth rates!”

Here’s what happens every time we play– more wealth is concentrated at the top and the middle class and poor are left treading water and some, more and more each time, drown. Every single damn time.

And here we go again: Trump’s ‘huge tax cut for the rich’ would slash taxes for businesses and wealthy

Of course, in the era of the Trump led GOP it will be worse since Trump is a felony grade grifter.

So what’s the fix? What’s the remedy? An evolution of the heart, I think. More specifically it’s the heart of our economic thinking. Is the economy set up and run to benefit the citizens or the fiction of corporate persons? Right now our economy is set up to benefit the fictional corporate person first. That’s a problem. When the supreme court decided Citizens United they said that corporations are, in fact, people and have protected free speech rights and, oh, by the way, money is speech.

Corporations are driven primarily by profit motive. You and I, real people, we are not. We’re driven and motived by love, family, sometimes hate or a thousand other things, but profit is not why we keep on trucking. It may be one reason, but one among many and rarely the first thing. If a real, living breathing person was driven primarily by profit they would be a psychopath.

The fix, then, is to stop the absurd thinking and laws that make corporations equal, or, often times, more than equal, to real living breathing people. And overturn the idea that money is speech. And then we may want to do what some other countries wisely do and finance elections with public money.

There seems to be little political will to take any of these big steps at the moment. I would say the Left should continue to push these ideas regardless. It seems like a mathematical certainty that, if we continue down this road, and the result is the ever greater concentration of wealth at the very top, then an economic crash is inevitable. So maybe after the crash we can adapt this new attitude and these new policies that would set up the economy for real people. If we say it enough now, then maybe after the coming crash we as a society can accept that corporations are not real people, and that money is not speech, and elections should be publicly financed to protect against the over-influence of the rich. Maybe. Maybe after this next crash we’ll finally learn that three card monte is a rigged game.

 

 

Molly Morrow 

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