Ned Pepper's Outrages

Sunday, November 14, 2010

Balancing the Budget

Ned encourages his many friends and sycophants to go to www.nytimes.com and take the 'budget balancing quiz' in the Outlook Section. Ned took it and found it to have been ridiculously easy to cut $500 billion and add $800 billion in revenue, without harming anyone but the plutocracy and the warmongers, and this without even slashing those sacred cows that Ned would love to eviscerate, namely war (please don't call it defense) spending. Certainly it involves some new taxes, mainly trivial ones on the sneering plutocracy, but Ned reminds his followers that these same sneering plutocrats have had their taxes slashed since 1960, over and over again. And shed no tears for the rich who die and leave their fortunes to their heirs. Ned's choice still exempts the first $1 million of assets.
Given how easy it is to bring the federal budget into balance, Ned predicts that if Obama caves in to the sneering, crumb-throwing plutocracy and extends their tax cuts for even one moment, there will be a tsunami of outrage that will make the Tea Party protests look like Norman Rockwell Thanksgivings.
Finally, let us never forget that the top 1% of "earners" take home 23% of all the salary in this benighted country, and the average faceless functionary and working class stiff has actually seen their income fall over the past 20 years.

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