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When people complain that they, meaning the evil government, is spending our money...

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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:31 PM
Original message
When people complain that they, meaning the evil government, is spending our money...
It shows that they don't really believe in the Free Market system they all profess to love right up there with freedom, apple pie and mom. Here is why. Free Marketeers stress over and over that the market will dictate the right level of prices and that over time, the optimum price for everything will settle into a place where the the true value will be discovered.

So, if you know going in that taxes will be taken from your paycheck, the level of true value you should be looking for, if you truly are a free marketeer, would be after tax income.

Take for instance the dreaded payroll tax, otherwise known throughout tea bag land as the great ponzy scheme, that sane people call Social Security. The question that should be asked is will your employer, if the payroll tax is revoked, keep your paycheck at the stated level or lower your pay to reflect the missing payroll tax? The free market would dictate that the payroll tax would cause your take home pay to drop as the true value of your work would be what you have grown to expect. So if the free market was left to run it's course, you would no longer be funding Social Security, your paycheck would reflect the absent payroll tax by lowering your pay to it's true value and you would be left alone to fend for your retirement. At the very best, your wage would stagnate at your current pay rate because the free market would dictate you are being over paid. And you would still be left on your own to fund your retirement.

Just the way I would look at how the markets would behave. But then again I'm a sane person who knows how these things should work. I actually took several economic classes, a few finance courses and have a minor in financial accounting and come at this with just a tad bit more perspective than say the regular guy who gets all of his economic learning from the likes of Glen Beck and Rush Limbaugh.
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:33 PM
Response to Original message
1. Imho, it means they're hypocrites from hell. Why didn't they complain
when Bush put us in the red and let the economy go to hell in the first place? They're either very stupid or hypocrites.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:34 PM
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2. It also means they have no understanding of just how our system of govt works.
As long as they say "THE GOVERNMENT" is the enemy, they fail.
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CaliforniaPeggy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 04:44 PM
Response to Original message
3. I'm sure that Glen Beck and Rush Limbaugh both have
just as much perspective as you..........NOT.

They reach for the lowest common denominator...

:eyes:


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mwei924 Donating Member (990 posts) Send PM | Profile | Ignore Wed Apr-15-09 05:09 PM
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4. I don't think the teabaggers could possibly follow any of that..
I think you'd lose them at about the third sentence.
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Bluerthanblue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-15-09 05:16 PM
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5. listening to the local interviews with 'teabaggers' it isn't about
taxes- it's about hating President Obama, and "being sick of people living off welfare at myexpense"... ???:shrug:

And the winner "Obama changing the constitution at will, people should be very afraid".

I don't know where these folks have been living.

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Lorax Donating Member (307 posts) Send PM | Profile | Ignore Wed Apr-15-09 06:30 PM
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6. Deleted
Edited on Wed Apr-15-09 06:31 PM by Lorax
Deleted, posted in wrong place.
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