Map of life expectancy at birth from Global Education Project.

Saturday, August 06, 2011

Cervantes News Network

Fair and Balanced.

If you enter "We don't have a revenue problem, we have a spending problem" into your favorite Internet search engine, you will find that the top link is to a certain cable news network which informs us, in its typically fair and balanced way, that:

"The election result reflected the fact that people get Washington does not have a revenue problem. It's got a spending problem," Rep. Eric Cantor, R-Va., the expected next House majority leader, said on "Fox News Sunday."

"We do not have a revenue problem. We have a spending problem. Let's focus on the problem," Rep. Paul Ryan, R-Wis., the likely next House Budget Committee chairman repeated later on the same show.

"Well, I think it's not a revenue problem; it's a spending problem," said Sen.-elect Rand Paul, R-Ky., on ABC's "This Week." "A lot of times people would come to me and say, well, you don't believe in any government. And I would tell them, you know what? I believe in $2.4 trillion worth; I just don't think you can have $4 trillion worth if you only bring in $2.4 trillion."

For some mysterious reason, it seems, according to this story, that no-one in the world has a contrary opinion to express. (Sorry, for some reason, my link creation utility was on the fritz when I tried to give you a link to that story.)

It would be uncivil for any Democrat or TV elocutionist to mention this, but I will just note that the United States collects less taxes, as a percentage of GDP, than any country in Europe. Also, too, taxes in the United States are the lowest they have been in 60 years. And who is it, exactly, who is not paying those taxes? Why it's the highest .01 percent -- the highest 1 in 10,000 taxpayers, who make more than $3.6 million per year. Their taxes have gone down precipitously since the 1970s. Tax rates for the top 1% of income have also fallen, though not quite as steeply.

There. It didn't take me very long to show you all that. Maybe some Kenyan socialist would feel moved to mention it also. Or maybe not.

1 comment:

C. Corax said...

He'd mention it. He'd also say, in speech after speech, that he won't agree to any debt ceiling deal that doesn't include tax increases on the wealthy.

A friend described Obama this way: "Such a weak, un-centered president at best or a malevolent mole at worst."