The elephant in ass’s clothing 4

Rule by the Democratic Party is nasty, and where can voters look for relief but to the Republicans?

Because the desperation was strong, too much hope was placed in the Republicans.

Now the disappointment begins. They are starting – so soon! – to copy the Democrats.

And already – of course – the Democrats are gloating.

Catherine Rampell writes in the Washington Post:

Republicans have taken the Senate and expanded their fiefdom in the House, but the Democrats seem to have won the intellectual narrative nonetheless. The GOP, inexplicably, is having its Thomas Piketty moment.

Seriously, guys: Republicans have suddenly started caring about inequality. …

When Republicans have taken note of our country’s income and wealth gaps, the sentiment has usually been dismissive and disdainful, full of accusations of class warfare waged by resentful, lazy people unwilling to hoist themselves up by their bootstraps.

Then, in just the past week, many of the likely 2016 Republican presidential contenders began airing concerns about the poor and condemning the outsize fortunes of the wealthy.

On Fox News after the State of the Union speech, Sen. Ted Cruz (Tex.) denigrated the administration’s economic track record by doing his best Bernie Sanders impression.

“We’re facing right now a divided America when it comes to the economy. It is true that the top 1 percent are doing great under Barack Obama. Today, the top 1 percent earn a higher share of our national income than any year since 1928,” he said, quoting an oft-cited (by liberals) statistic from the work of economists Piketty and Emmanuel Saez.

Likewise, here’s Mitt Romney, in a speech last week: “Under President Obama, the rich have gotten richer, income inequality has gotten worse and there are more people in poverty than ever before.” Sound-bite highlights from his past presidential campaign, you may recall, included a reference to the “47 percent” who don’t pay federal income taxes and a conclusion that “my job is not to worry about those people”.

Apparently his job description has changed.

Jeb Bush, too, has newfound interest in the lower income groups and deep inequity flourishing in our nation. His State of the Union reaction: “While the last eight years have been pretty good ones for top earners, they’ve been a lost decade for the rest of America.” Sen. Rand Paul, as well: “Income inequality has worsened under this administration. And tonight, President Obama offers more of the same policies — policies that have allowed the poor to get poorer and the rich to get richer.”

Someone up the GOP food chain seems to have decided that inequality and poor people now belong in everyone’s talking points, class warfare be damned. But why?

The rest of the article is not worth quoting. Rampell’s answers to her “why?” are unconvincing (you can judge them for yourself here).

What matters is that the Republican Party may not after all be the lesser of two evils. It may simply be the same evil under a different name.

In an open society, the rich are not rich because the poor are poor.

The poor are not poor because the rich are rich.

When Republican politicians encourage that misapprehension, they are encouraging the politics of envy.

As Thomas Sowell says (see our post Listen to Sowell, January 21, 2015), most people are poor when they are young and rich when they are older.

The main cause, in America, of poor people staying poor is that government keeps them so, by keeping them dependent on government.

The best cure for poverty is freedom from government “help”.

The more government “helps” the poor, the more poor people there will be, and the longer they will be trapped in poverty.

We had assumed that Republicans like conservative Ted Cruz and libertarian Rand Paul knew this. Seems we were wrong.

What do bleeding-hearted politicians think the rich do with their money? Keep it in boxes?

No. They invest it, generally in ways that do far more good for the economy than if they give heaps of it to government in taxes. Government uses tax money to pay a vast army of administrators to distribute some it to those they keep on hand-outs. Government wastes money. And higher taxes never did, never can, and never will cure poverty.

It cannot matter how unequal people are in wealth as long as everyone has enough to satisfy their wants. If they don’t have enough, they can do better for themselves in a market economy. Only if they are left free to work for themselves in an uncontrolled economy. Unless they are socialist tyrants, enriching themselves at the people’s expense. 

Poverty is a problem. Wealth is not.

  • Frank

    As I have posted before the conservative Republican Party is dead – there is no reviving it. It is completely controlled by Christian theocrats. Their ultimate goal is make America a Christian theocracy.

    Christianity, if carried to its logical conclusion is socialism. It’s no surprise to me that the dominionists now running the GOP would follow that path.
    ( see )

  • Ralph

    Audit the Fed. if you want to know.

  • Don L

    Truth is a defense. The rich are getting richer at the expense of the poor! Income inequality is, however, the wrong term. It is unnatural income inequality that is the problem.

    Bang the drum all day…and, again…the FED’s printing and the fractional reseve banking out-of-thin-air money creation is inflationary (inflation is not rising prices…it is increasing the money supply; the symptom is rising prices as more dollars chase the same or fewer goods and services). In every other industry or endeavor, other than banking, these activities are criminal: counterfitting and fraud. Continuuing, all this new money does not sit in a vault earning ZERO interest. It is invested in the marketplace and drives stock values sky high. If you own stocks/commodities/capital assets you benefit at the expense of those who do not own these capital gain assets. Those closest to the new money benefit whereas the dollars are not yet diluted. As the money enters the society, it drives prices up: Worse, It devalues everyones savings, retirement programs as each dollar is worth less than when it was earned/saved…it is the politician’s hidden tax.

    The problem is the failure, other than Rand Paul, of these Repubs to understand the cause of unnatural income inequality…wait, I again submitt one of my favorite quotes: Upton Sinclair — “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

    Career-politicians need the FED to provide the inflation based funding for their patronage- & cronyism-derived campaign funding.

    So, it isn’t that they acknowledge the factual growing gap between incomes…it’s that they won’t do what’s necessary, END the FED, and only have the same BS phony regulation and tax manipulation tactics that Dems use too…to continuuing detriment of all. It is shortsighted as nobody, including the pols & Soros types, wins…FED and fractional dollars are not wealth…it’s alll debt and the piper always gets paid…Kaboom!

    Monetary policy is a Ponzi scheme. There isn’t a currency on the planet that has value…it is only faith-based. Indeed, there isn’t a bank that isn’t already bankrupt. Banks create central banks as a backstop. Central banks create world banks to likewise cover the coming crisis. World banks…there are no solar sytem banks and worldwide financial systems are just around the corner. Because Free Market Capitalism is not taught…tyranny and totalitarian socialism follows; which leads a cycle of failures until a thousand years from now somebody discovers Capitalism again. Of course, Alexander Hamiltons and Lincolns soon appear to destroy freedom again.

  • liz

    Well it could be they were bringing all that up just to point out that if that’s what Obama was supposed to fix with his policies in the last six years, then he’s a total failure, on top of which he’s a liar, because it’s all just gotten worse.
    But I seriously doubt they will get anywhere close to making any major changes themselves, either.