[extropy-chat] Redistribution of wealth

[Mike Lorrey]

--- Matthew Gingell <gingell at gnat.com> wrote:

> Nicholas Anthony MacDonald writes:
> 
>  > But yes, in general, the "blue states" are the ones with the most
>  > advanced production and information economies (and high-wage
> jobs),
>  > while the "red states" are still primarily driven by agriculture
>  > and natural resources (and lower-wage jobs). So, naturally, the
>  > government ends up sending more wealth in the direction of the red
>  > states, to keep our resource economy from drying up. 
> 
>  What doesn't make any sense though, and what makes US political
>  rhetoric so completely surreal, is the electorate's bizarre
>  insistence on arguing against it's own interest. Why do the blue
>  states fight so hard to maintain federal spending they largely don't
>  benefit from, and why are the red states so interested in cutting
>  taxes they largely don't pay?

Ah, but you forget the principle of supply side economics (which the
red states believe in) vs demand side economics (which the blue states
believe in). Supply siders say that if you reduce the overall tax rates
on the tax payers, that the economic synergies will actually generate
more tax revinue as economic growth increases, leading to more money
being available for corn subsidies and defense contracts. This is
smart, not squeezing the hen so much that she won't lay as many eggs as
possible.

Demand siders believe that if they appease the economic demands of the
drag knuckled gap toothed hicks in the hinterland, these benighted
inbred barbarians won't raid the civilized coastal cities and disturb
the sophisticated culture of modern liberals with rebel yells and
'yee-haws'. Like Rome often thought, they believe it is far easier to
pay off the Huns than to have to go about taking their weapons away and
civilizing them. Oh, yeah, Rome fell...


=====
Mike Lorrey
Chairman, Free Town Land Development
"Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves."
                                         -William Pitt (1759-1806) 
Blog: http://www.xanga.com/home.aspx?user=Sadomikeyism


		
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