Friday, April 10, 2009
The Economist Gets Desperate
Well it seems my former flame, The Economist, has put up a "poll" about whether or not the productive should be taxed to pay for the parasites.
I went to take the poll (which you can find here) but they require that you sign up a whole slew of information. You aren't signing up for a subscription, but it was obvious they were using this as a means to bolster readership. (I just put in a bunch of BS information).
Regardless, what irks me is how The Economist abandoned its fundamental belief in capitalism and turned its back on nearly 150 years of its logging empirical data, only to support Barack Obama. Additionally, the seemingly shameless attitude to go for increased readership at the expense of integrity or intellectual honest as evidenced here.
In any case, so as to avoid a sampling bias of faux intellectual elitists taking the poll, I thought you normal guys out there might want to go slumming a bit and have a say in the debate, or at least make the poll numbers reflect reality a little bit more and not the limousine liberals' opinions.
Figured I would want to make a couple points that (all you readers know), but if as one person suggests this ever makes it to Glenn Beck, then two obvious charts that he will have to pull will be needed;
1. We already ARE socialist. Especially with Barack Obama putting the Fed tax rate at 30% GDP, you throw state and local and you're nearing 50%.
2. WE ALREADY HAVE PROGRESSIVE TAXATION as duly pointed out by a reader and proved here by the Major's chart entry.
The only real problem we have is a population so damn ignorant, they don't even known we're socialist and so will keep voting to spend more money to the point you will have deterred any production of GDP, thus putting us far along the wrong side of the Laffer Curve.