The president outlined a tax increase he’s calling the Buffett Rule, or something silly, which loots more from the rich, richer and richest Americans. It’s a tax hike he says is necessary to pay for his American Jobs Act, also know as the next Keynesian failure to not convince leftists that Keynes was wrong.There's more at the link. Enjoy!
President Obama is selling it by saying if we don’t take more from the rich, then grandma isn’t going to have Medicare anymore.
It comes down to this: We have to prioritize. Both parties agree that we need to reduce the deficit by the same amount — by $4 trillion. So what choices are we going to make to reach that goal? Either we ask the wealthiest Americans to pay their fair share in taxes, or we’re going to have to ask seniors to pay more for Medicare. We can’t afford to do both.The above quote is a great example of the False Dilemma, “also called false dichotomy, the either-or fallacy, fallacy of false choice, black-and-white thinking or the fallacy of exhaustive hypotheses.”
Either we gut education and medical research, or we’ve got to reform the tax code so that the most profitable corporations have to give up tax loopholes that other companies don’t get. We can’t afford to do both.
“The power under the constitution will always be in the people. It is entrusted for certain defined purposes, and for a certain limited period, to representatives of their own choosing; and whenever it is executed contrary to their interest, or not agreeable to their wishes, their servants can and undoubtedly will, be recalled.”
~ George Washington (1787)
~ George Washington (1787)
Tuesday, September 20, 2011
Logic? Who needs Logic?
They don't teach economics at Harvard Law School. Nor logic, given how many mistakes President Zero made with his proposed tax increase. Duane Lester explains: