Wednesday, February 18, 2015

How to Create More Inequality

1. Elect a Republican governor and legislature.  In many states that should know better, this is already a done deal.

2.  Governor announces lower taxes on the rich, which he promises will spur business investment and fill the state coffers with abundance.

3. Tax revenues fall and a big budget deficit results.

4.  Governor blames excessive pensions paid by state government, especially teacher pensions.

5.  Instead of being arrested for fraud or theft or whatever criminal statutes apply to people who abrogate contracts that one party has fulfilled, governor and legislature succeed in "reforming" pensions so that retirees get less.  Combine with other efforts to shrink public education, health and welfare, because the state can't "afford" them anymore.  So retirees and middle class teachers, government employees etc. make less or are fired.  Redistribute saved income upwards!

That's it, in five easy steps.  Oh, and the sixth---

6. Elect one of these governors as President of the U.S. so the same procedure can be applied nationally, and even more income transferred from middle class and poor people to rich and richer people.  It worked for Reagan, it can work again.  (Ask Scott Walker.)

Bonus: though this hurts some white people, it's predominantly old white people that it benefits  Everybody else loses.  In fact, everybody loses.

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