Today's Politicos vs The Words and Deeds of The Founders
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The Centre Cannot Hold

The Widening Gyre
Turning and turning in the widening gyre
The falcon cannot hear the falconer;

Things fall apart;
the centre cannot hold;

Mere anarchy is loosed upon the world,

The blood-dimmed tide is loosed, and everywhere

The ceremony of innocence is drowned;

The best lack all conviction, while the worst

Are full of passionate intensity.*

 

Although the man in the White House is blaming everyone except the tooth fairy for the nation’s economic woes: George Bush, Congress, Republicans, Europe, the weather, the Japanese earthquake, Standard and Poor’s, the Tea party and, and … He might consider looking in the mirror or at his progressive brethren in university faculties. They have been peddling their ideological wares to legions of vulnerable young people already conditioned to believe in the higher morality of income redistribution by the public school system, the media and the entertainment industry.

According to the Tax Foundation, politicians have been all too happy to comply. Between 1986 and 2009 the percentage of Americans who pay zero or negative federal income taxes increased to 51% from 18.5%. Conversely, the share of federal income taxes paid by the top 5% of earners rose to 59%. Meanwhile, the national debt increased to 100% of GDP from 42% in 1980.

Debt Since The Founding - As a Percentage of GDP

Has the soaring rhetoric of class warfare so admired by the media now unleashed “the blood dimmed tide.” People who have been persuaded that they “deserve” (fill in the blanks) don’t worry about budget deficits. They mean to get their “fair share” of whatever it is they feel entitled to have.

In Chicago, marauding youths attack commuters and bicyclists and rob stores. In Wisconsin union thugs disrupted the opening ceremonies of the state fair, adding to their ignominious record of threatening legislators in Madison. Roving gangs of young blacks, quick to learn from their elders, beat and harassed white fair goers as they tried to leave. Or if one observer of the after fair mayhem is to be believed, the young thugs were just having a good time “wilding.”

Is this what happens when, as Margaret Thatcher so succinctly put it, “we run out of other people’s money?” Ask the London police.

*Excerpt from The Second Coming by William Butler Yeats written in 1919 in the aftermath of the first World War.

5 comments

1 Michael Newton { 08.11.11 at 6:07 am }

The OECD says that the US has the most progressive tax system of any industrialized country. So how can the “progressives” argue that the rich aren’t paying enough?

[Reply]

2 Marcia { 08.11.11 at 8:33 am }

I guess the same way President Obama believes he can fix the deficit by spending more.

[Reply]

3 Brock Townsend { 08.11.11 at 1:32 pm }

That video was pathetic. Can’t believe England has come to this. Posted.

[Reply]

4 Tom Cox { 08.12.11 at 5:23 am }

Things are getting mighty thin, mighty fast. Hold on, the rides just gonna get faster from here on in.

[Reply]

5 Blaine Dunning { 08.14.11 at 1:21 pm }

There are many who get benefits from Government who don’t want their free ride to end. We have too many people with no skin in the game who don’t want to pay or give up their freebies. Some do need help, there are, however, too many using the system like leeches, who drain the money without an ounce of personal responsibility or respect from those who pay it to them.

[Reply]

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