Want to concentrate wealth at the top to an even greater degree than it already is? Well, it so happens that one Libertarian "economist" has come up with just such a plan. And it is a plan he has deceptively labeled a "compromise".
And wouldn't you know it, but this "compromise" has fooled one naive stooge into raving about it on his blog.
|Willis Hart: Economist, Charles Murray (a libertarian), has put forth what he considers to be a grand bargain to the progressives. He says that we, the libertarians (and, no, not every libertarian is completely on board with this), will give the left its big spending. But the left will have to give the libertarians much more economic freedom. His specific proposal (which is essentially a modified version of Friedman's negative income tax) would be to provide to every poor family a minimum monthly income (think of the Earned Income Tax Credit beefed up and spread out more) to which these folks could spend in the manner that THEY desire. The only catch here is that any help beyond this (say that a person spends their whole check in the first week on booze) would have to come from family, friends, charity, etc.|
It's a pretty darn good plan, I think, in that it a) empowers the individual citizen, b) at least partially puts the private sector in charge of charity/welfare (the assertion here being that the private sector would be much more adapt at determining who deserves the assistance as opposed to a swift kick in the pants), and c) radically reduces the size of the federal bureaucracy in that the bulk of the money will be going directly to those citizens who need it. I mean, I know that this is a radical approach to some folks but maybe a radical approach is exactly what the country needs at this point just to break the damned logjam. (7/21/2014 AT 7:56pm).
Yes, this a pretty darn good plan if your goal is to increase the gulf between the rich and poor. I'm positive it would do a GREAT job of accomplishing that goal. Which is why this Libertarian economist proposed it, of course.
"Economic freedom" is code for paying workers less (you KNOW an abolition of the minimum wage would be a part of this bogus "grand compromise") and destroying American jobs via outsourcing (although, with the minimum wage gone, the outsourcing might be less than you would think).
Another goal is shifting more of the tax burden onto the backs of the middle class... this includes new taxes to make up for the low low wages employers will be able to force workers to accept (workers who have no choice).
That said, I doubt this roadmap to plutocracy will fool many Progressives. And, make no mistake - that is what this is - a Trojan horse that would (if we were so stupid as to go along with it) concentrate wealth at the top to an even GREATER degree than it is currently concentrated. We're talking 3rd world like slums. THAT is what the Libertarians truly desire.
Finally, and this is a BIGGIE... what about doing away with Corporate Welfare? That ISN'T a part of the "compromise"?? It's just the negative income tax in exchange for more "economic freedom"?
Seriously, forget it. *If* Progressives were to agree to any "compromise" eliminating Corporate Welfare would need to be a PILLAR of that compromise. Yet Willis does not mention it.
Now, I did not Google for any info and am only going by what is in Willis' post. But if eliminating Corporate Welfare HAD been a part of Charles Murray's "compromise" I think Willis would have said so. So I assume that it isn't, and that is undoubtedly proof that this "compromise" is completely bogus, given the fact that our government subsidizes Corporations to the tune of almost double what we spend on Social Welfare (59 versus 92 billion in 2006).
So, even though Libertarians rail again "crony capitalism" (a component of corporate welfare) this "economist" doesn't make it a part of his "compromise". Sorry, dude, but if that really is the case any Progressive worth his salt would laugh and tell Mr. Murray to stuff his "compromise". They would not even sit down at the negotiating table.
As for the minimum wage, there is no way in hell any Progressive would agree to eliminating it completely. Nor would they agree to reducing regulations so Corporations could slack off on workplace safety and endanger the lives of a lot of workers. Given that, I'm pretty sure this "compromise" would be a no go from the get go.
BTW, notice that Willis is upfront about Charles Murray being a Libertarian. That is because his being a Libertarian is important to the post. He is a Libertarian proposing a "compromise" to the Progressives. But you KNOW that if Willis were only presenting the "sage" words of an economist (who is also a Libertarian), Willis would absolutely NOT mention his political leanings.
I know this because he does it constantly. He presents economic or scientific ideas from "scientists" and "economists"... while NEVER revealing their biases. And, usually these ideas are presented sans links. Willis does this because he wants his readers to accept what he says at face value. He doesn't want anyone looking into what he says and discovering the STRONG biases and corporate ties of the individuals whose ideas he presents. Heck, he often even fails to tell you where (or who) the idea came from!
The Hartster is a very good stooge in that respect. A VERY good one. No doubt this guy would be an excellent propagandist for the interests of the wealthy if he had a bigger platform.