Here are some excerpts of Thomas Sowell’s article, the TRICKLE DOWN LIE (emphasis added):
New York’s new mayor, Bill de Blasio, in his inaugural speech, denounced people “on the far right” who “continue to preach the virtue of trickle-down economics.” According to Mayor de Blasio, “They believe that the way to move forward is to give more to the most fortunate, and that somehow the benefits will work their way down to everyone else.”
If there is ever a contest for the biggest lie in politics, this one should be a top contender.
While there have been all too many lies told in politics, most have some little tiny fraction of truth in them, to make them seem plausible. But the “trickle-down” lie is 100 percent lie.
It should win the contest both because of its purity — no contaminating speck of truth — and because of how many people have repeated it over the years, without any evidence being asked for or given…
…Back in 2008, presidential candidate Barack Obama attacked what he called “an economic philosophy” which “says we should give more and more to those with the most and hope that prosperity trickles down to everyone else.”
Let’s do something completely unexpected: Let’s stop and think. Why would anyone advocate that we “give” something to A in hopes that it would trickle down to B? Why in the world would any sane person not give it to B and cut out the middleman? But all this is moot, because there was no trickle-down theory about giving something to anybody in the first place.
The “trickle-down” theory cannot be found in even the most voluminous scholarly studies of economic theories — including J.A. Schumpeter’s monumental “History of Economic Analysis.”
But, contrary to Mayor de Blasio, this is not a view confined to people on the “far right.” Such liberal icons as Presidents John F. Kennedy and Woodrow Wilson likewise argued that tax rates can be so high that they have an adverse effect on the economy.
In his 1919 address to Congress, Woodrow Wilsonwarned that, at some point, “high rates of income and profits taxes discourage energy, remove the incentive to new enterprise, encourage extravagant expenditures, and produce industrial stagnation with consequent unemployment and other attendant evils.”
In a 1962 address to Congress, John F. Kennedy said, “it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.”
This was not a new idea. John Maynard Keynes said, back in 1933, that “taxation may be so high as to defeat its object,” that in the long run, a reduction of the tax rate “will run a better chance, than an increase, of balancing the budget.” And Keynes was not on “the far right” either.
The time is long overdue for people to ask themselves why it is necessary for those on the left to make up a lie if what they believe in is true.
Below are two short clips regarding “Trickle Down.” One is a clip from Sowell’s audio book, “Basic Economics A Citizen’s Guide to the Economy 2nd Edition” (left – 4:25 minutes). The other is the same info but during an interview (right – 3:08 minutes):
HERE is the entire “Uncommon Knowledge” interview discussing “Trickle Down” rhetoric and “Taxing the Rich.” BELOW is a Reagan myth exploded in an interview of Tavis Smiley by Larry Elder:
While I like their rants (Paul Watson, Mark Dice, and others) and these commentaries hold much truth in them, I do wish to caution you… he is part of Info Wars/Prison Planet network of yahoos, a crazy conspiracy arm of Alex Jones shite. Also, I bet if I talked to him he would reveal some pretty-crazy conspiratorial beliefs that would naturally undermine and be at-odds-with some of his rants. Just to be clear, I do not endorse these people or orgs.
Mayor of New Brighton Minnesota, Valerie Johnson, cries after a member of the City Council doubts ‘white privilege.’
Dennis Prager had the Principal Trumpet of the Minnesota Orchestra, Manny Laureano, on to discuss the reasoning he chose to get up and leave during a show. More on this can be found over at POWERLINE. Manny’s TWITTER can be found HERE
Hysterically shrieking “Republican tax cuts are going to kill us all!” is the official position of the Democrat Party.
PATRIOT LISTS SOME EXAMPLES
But don’t forget, Global Warming is also going to kill us all. And repealing Obamacare is going to kill us all. Changes to the school lunch program are going to kill our children so they won’t even live long enough to commit suicide as transgender teenagers. Even the slightest cuts to the size and scope of the Federal Bureaucracy, that’s going to kill us all, you betcha. And concealed carry reciprocity is surely going to kill us all.
GAY PATRIOT comments on the main idea that the Left are a bunch of babies with almost zero understanding of anything economic:
The tax “reform” bill the US Senate passed last night is pretty lame, actually. It keeps the current ridiculous progressive structure of seven separate tax rates. (The House reduced it to four, and the correct number ought to be one.) Susan Collins was bought off by retaining the mortgage interest deduction on vacation homes for millionaires. Freeloaders at the lower income brackets still pay nada. Some high income progressives from blue states are whining because some of their state and local taxes are no longer deductible. Sucks that you progressives in high tax blue states forgot to elect any Republican senators.
There has also been a lot of howling from the “suddenly we’re concerned about the debt” progressive left that the bill will add $1.5 Trillion to the National Debt over ten years. That figure represents less than 3% of Government expenditures in that time period. Cut Government spending 3% (I’m sure we can get by on 97% of the Government). Problem solved.
It’s a lame bill. Really, the best part of the Senate Bill passing has been watching the histrionic meltdown on the Progressive Left. (But even that gets a little boring considering the progressive left has a histrionic meltdown at literally everything Donald Trump does.)
America died tonight. Economic suicide adopted to feed the insatiable greed of donors, who have been refusing to dole out $ to GOP until they got their tax cuts. Voters fooled by propaganda and tribal hatred. Millenials: move away if you can. USA is over. We killed it. – Kurt “Tentacle Pron” Eichenwald
The Republican Party is the enemy of the American people. The Senate just passed the Trump Tax Increase, 1:50am, enriching the 1% & concentrating wealth in the hands of the few. Capitalism & Fascism. The coup is underway. Make no mistake about it. EVERYONE OFF THE BENCH! 11/6/18! – Michael “I was relevant for a while in 2003” Moore
“While you slept last night Trump’s pedophile-coding GOP broke into your house and raped your children and their future in favor of the Republican’s biggest donors. They groped you too taking your Medicare, social security and Medicaid with them.” – Frank “No I’m Not a Drama Queen at All” Schaeffer
Is there any going back after this #TaxBillScam? To America? Does it matter now if Trump is impeached? There’s no America now. Not the one we knew. Sorry, feeling real despair this morning. – Patton “Who?” Oswalt
Oh, Patti, don’t feel so bad. There are lots of other countries you can move to. Have you considered Mexico? No Republicans there. Strict gun control, too. The Government is very progressive, taxes are very progressive, and economic activated is highly regulated. It’s a lot like California, come to think of it. But with fewer Mexicans……..
It is comical to see Democrats feigning outrage over the claim (likely false) that the GOP tax reform plan will add to the national debt. Talk about a head-snapping about face! Where was the Dems’ concern about debt when the Obama administration ran up $10 trillion of it?
$1.5 Trillion represents less than 3% of Government spending over the next ten years. If that’s a problem, then, by all means, cut spending by 3%.
Democrats are also suddenly hollering about “state’s rights” because Congress is looking to make concealed carry licenses valid across state lines; like driver’s licenses. (And, yes, most states require training and a background check before a concealed carry license is issued.) The Democrats have suddenly taken a position analogous to claiming Rosa Parks only had the right to sit in the front of the bus while she was in Alabama…..
While I like their rants (Paul Watson, Mark Dice, and others) and these commentaries hold much truth in them, I DO WISH TO CAUTION YOU… he is part of Info Wars/Prison Planet network of yahoos, a crazy conspiracy arm of Alex Jones shite. Also, I bet if I talked to him he would reveal some pretty-crazy conspiratorial beliefs that would naturally undermine and be at-odds-with some of his rants. Just to be clear, I do not endorse these people or orgs.
CONSERVATIVES: “Once we start tearing down traditional family structures that have generally served humanity well and proven themselves over thousands of years of human experience, who knows what will happen then.”
PROGRESSIVES: “Stupid bigot. It’s not like we’re trying to normalize incest or anything.”
Documents discovered by the Daily Caller have revealed that the Antifa group present at the Berkeley anti-conservative riots have connections to the pedophile group known as the North American Man/Boy Love Association.
The Antifa group known as the Coalition to Defend Affirmative Action, Integration & Immigrant Rights, and Fight for Equality By Any Means Necessary (BAMN), have led several anti-right riots, including the one against provocateur Milo Yiannopoulos, and were behind the plans to disrupt Ann Coulter’s Berkeley appearance before it was canceled.
According to the Daily Caller, BAMN’s parent organization, the Revolutionary Workers League in Detroit, has worked directly with NAMBLA. Additionally, BAMN’s co-founder, Eileen Scheff is a member of the Revolutionary Workers League, and an admitted member of NAMBLA. Reportedly, she describes NAMBLA as being the victum of a “witch-hunt.”
Driver’s former law partner, Eileen Scheff — who has represented BAMN on multiple occasions, including at the Supreme Court — has been a self-described “member of NAMBLA.” The bulletin identified Scheff as an RWL member.
“As an activist in the legal and political struggle for lesbian/gay rights and for freedom of sexual expression, I am here to support NAMBLA and to demand that the witch-hunt against it must be stopped,” Scheff said at a 1991 NAMBLA conference. “The media and police are targeting NAMBLA because it stands for the rights of young people to have consensual sex with whomever they want.”……….
(DAILY FREEMAN) A 26-minute video of the traffic stop, with sound, was made public during an Ulster Town Board meeting on Tuesday. It shows Berky, D-Kingston, beginning the conversation by acknowledging she was on her phone while driving on Ulster Avenue.
The Politicization Of Everything: Want to watch football? There are players protesting the flag. Turn on a Hollywood awards ceremony? There are actors making political statements. Want to go to the bathroom in peace? Well, first, we need to know if you’re okay with sharing it with someone who feels like the opposite gender today. You’re just a regular person telling an off-color joke you heard? Better be careful; that could turn into a front page scandal if the wrong group gets offended. Want to buy a Halloween costume for your kid? Well, you better make sure it’s someone of the same race or people will be upset. Want to go on a date? If you date someone of the same race, you may be racist. Ready to marry your honey? Then you better support gay marriage or you’re a homophobe. I can remember a time in America where you could just live your life without paying attention to politics at all if you wanted and that was a good thing. Remember that old saying? Never discuss race, religion or politics in polite company? Well, because of liberals, you don’t have a choice anymore.
Larry Elder takes us on a Democrat infested mine-field courtesy of Harvey Weinstein. For more on the mentioned “Nuts or Sluts defense,” see Larry’s detailed explanation HERE. And more anti-woman positions by Hillary, see HERE.
Gay Patriot grabs this excerpt to point to how good of a progressive Weinstein was….
In 2015, [Weinstein’s] company distributed “The Hunting Ground,” a documentary about campus sexual assault. A longtime Democratic donor, he hosted a fund-raiser for Hillary Clinton in his Manhattan home last year. He employed Malia Obama, the oldest daughter of former President Barack Obama, as an intern this year, and recently helped endow a faculty chair at Rutgers University in Gloria Steinem’s name. During the Sundance Film Festival in January, when Park City, Utah, held its version of nationwide women’s marches, Mr. Weinstein joined the parade.
(Above video description: The original file can be found here in full — BUT, the audio was horrible. I tried to raise the DBs but couldn’t get rid of the hiss… but it is a must watch!)
A friend asked a question about a challenge via “The Root” about the National Anthem. This is the “verse” said to be “racist”
No refuge could save the hireling and slave
From the terror of flight or the gloom of the grave,
And the star-spangled banner in triumph doth wave
O’er the land of the free and the home of the brave.
It is said our (yes, OUR) anthem glories in black slaves dying. Here is how it is encapsulated in the NEW YORK TIMES:
The journalist Jon Schwarz, writing in The Intercept, argued yes, denouncing the lyrics, written by Francis Scott Key during the War of 1812, as “a celebration of slavery.” How could black players, Mr. Schwarz asked, be expected to stand for a song whose rarely sung third stanza — which includes the lines “No refuge could save the hireling and slave/From the terror of flight or the gloom of the grave” — “literally celebrates the murder of African-Americans”?
Here is another sport figure’s comments on the flag:
“And stop trying to sweep it under the rug. But, see, as long as you paint that narrative, oh, it’s the Anthem, I can’t — no — anybody that does something to the Anthem — well, we know what the anthem was originally written for and who it was written by, okay? The flag, okay? We understand what the flag? What does it represent? — SHANNON SHARPE
Here, the SMITHSONIAN helps set the scene for us and how the Anthem came to be:
…A week earlier, Francis Scott Key, a 35-year-old American lawyer, had boarded the flagship of the British fleet on the Chesapeake Bay in hopes of persuading the British to release a friend who had recently been arrested. Key’s tactics were successful, but because he and his companions had gained knowledge of the impending attack on Baltimore, the British did not let them go. They allowed the Americans to return to their own vessel but continued guarding them. Under their scrutiny, Key watched on September 13 as the barrage of Fort McHenry began eight miles away.
“It seemed as though mother earth had opened and was vomiting shot and shell in a sheet of fire and brimstone,” Key wrote later. But when darkness arrived, Key saw only red erupting in the night sky. Given the scale of the attack, he was certain the British would win. The hours passed slowly, but in the clearing smoke of “the dawn’s early light” on September 14, he saw the American flag—not the British Union Jack—flying over the fort, announcing an American victory.
Key put his thoughts on paper while still on board the ship, setting his words to the tune of a popular English song. His brother-in-law, commander of a militia at Fort McHenry, read Key’s work and had it distributed under the name “Defence of Fort M’Henry.” The Baltimore Patriot newspaper soon printed it, and within weeks, Key’s poem, now called “The Star-Spangled Banner,” appeared in print across the country, immortalizing his words—and forever naming the flag it celebrated….
THE DAILY CALLER notes (and so does SNOPES) that this verse was in reference to slaves and mercenaries that fought on the British side:
Francis Scott Key wrote the song the morning after the British bombarded Fort McHenry toward the end of the War of 1812, when he saw the American flag still waving. In these lines of the third verse he’s celebrating the death of slaves and mercenaries who opted to fight for the British in exchange for their freedom following the war.
✦ The Star Spangled Banner lyrics “the hireling ” refers to the British use of Mercenaries (German Hessians) in the American War of Independence ✦ The Star Spangled Banner lyrics “…and slave” is a direct reference to the British practice of Impressment (kidnapping American seamen and forcing them into service on British man-of war ships). This was a Important cause of the War of 1812 ✦ Francis Scott Key then describes the Star Spangled Banner as a symbol of triumph over all adversity
Fifty years later, in 1861, poet Oliver Wendell Holmes Sr. would write a fifth verse to the National Anthem, reflecting the nation’s strife and looking toward a more peaceable future:
When our land is illum’d with Liberty’s smile,
If a foe from within strike a blow at her glory,
Down, down, with the traitor that dares to defile
The flag of her stars and the page of her story!
By the millions unchain’d who our birthright have gained
We will keep her bright blazon forever unstained!
And the Star-Spangled Banner in triumph shall wave
While the land of the free is the home of the brave.
Here, Wendell, unlike Key, foresaw not only the inevitable emancipation of the nation’s slaves, but also the freed African Americans gaining full citizen rights and ensuring the country’s preservation. Today, this verse is not considered an official part of the National Anthem, but during the Civil War, it was printed in song books throughout the northern United States as an extension of Key’s lyrics. In this way, Francis Scott Key and the War of 1812 bequeathed to the nation not just a song, but a step toward the perpetuating of liberty—just as the Revolutionary War and Civil War did.
Again, the Left views complex history through the lens of a historical Marxist view. Something that Howard Zinn tried to do as well, but did so by rewriting history… as the Modern Left still does.
Francis Scott Key, like many during that time, had a varied history on slavery. He fought for slaves to be free in court – pro bono. But, he also fought to return runaway slaves to owners at some point in his life – probably for money. So he was an opportunistic lawyer to pay bills… nothing has changed. WIKI continues with this:
Key publicly criticized slavery’s cruelties, so much that after his death a newspaper editorial stated “So actively hostile was he to the peculiar institution that he was called ‘The Nigger Lawyer’ …. because he often volunteered to defend the downtrodden sons and daughters of Africa. Mr. Key convinced me that slavery was wrong—radically wrong.” In June 1842, Key attended the funeral of William Costin, a free, mixed race resident who had challenged Washington’s surety bond laws.
The SMITHSONIAN again notes that Key was a founding member and active leader of the American Colonization, of which the primary goal was to send free African-Americans back to Africa. Keys, even though he abhorred slavery, and fought to free slaves at times, was removed from the board in 1833 as its policies shifted toward abolitionist. The mood of the nation as a whole was shifting. While Keys couldn’t envision a multi-ethnic nation, others could. But Keys position wasn’t necessarily “racist,” as some ex-slaves wanted the same. To recall a portion of the above quote from the Capital Historical Society, “…Wendell, unlike Key, foresaw not only the inevitable emancipation of the nation’s slaves, but also the freed African Americans gaining full citizen rights and ensuring the country’s preservation.”
YOU SEE, people change… as do nations (because they, like corporations, are made up of people). I make this point in my post on AUGUSTINE, who is often used to support old-earth positions… but little know that later in his life he rejected the old-earth view and wrote quite a bit on the young earth (creationist) viewpoint.
A man needs to be judged by his life’s journey. As do nations.
Likewise, conservatives believe that Robert Byrd may have sincerely changed his formerly racist beliefs. But when Democrats accuse Republicans of racism because they went to Strom Thurmond’s (one of the only major Dixiecrats to change to Republican – watch here and here) funeral and gave him praise, even though he changed his views on race/racism. All we point out is that if praising an ex Dixiecrat at a funeral makes one racist… then what does lauding a KKK Grand Kleagle at his funeral make Democrats?
A man needs to be judged by his life’s journey.
So does a nation.
Here is the rest of the SMITHSONIAN piece I wish to excerpt:
A religious man, Key believed slavery sinful; he campaigned for suppression of the slave trade. “Where else, except in slavery,” he asked, “was ever such a bed of torture prepared?” Yet the same man, who coined the expression “the land of the free,” was himself an owner of slaves who defended in court slaveholders’ rights to own human property.
Key believed that the best solution was for African-Americans to “return” to Africa—although by then most had been born in the United States. He was a founding member of the American Colonization Society, the organization dedicated to that objective; its efforts led to the creation of an independent Liberia on the west coast of Africa in 1847. Although the society’s efforts were directed at the small percentage of free blacks, Key believed that the great majority of slaves would eventually join the exodus. That assumption, of course, proved to be a delusion. “Ultimately,” says historian Egerton, “the proponents of colonization represent a failure of imagination. They simply cannot envision a multiracial society. The concept of moving people around as a solution was widespread and being applied to Indians as well.”
You see, Americans’ belief then was “not merely in themselves [shocker to millennials] but also in their future . . . lying just beyond the western horizon” (ibid). And that is key. As Paul Johnson rightly notes in his history book on America:
“…can a nation rise above the injustices of its origins and, by its moral purpose and performance, atone for them? All nations are born in war, conquest, and crime, usually concealed by the obscurity of a distant past. The United States, from its earliest colonial times, won its title-deeds in the full blaze of recorded history, and the stains on them are there for all to see and censure: the dispossession of a indigenous people, and the securing of self-sufficiency through the sweat and pain of an enslaved race. In the judgmental scales of history, such grievous wrongs must be balanced by the erection of a society dedicated to justice and fairness.”