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Re: Barking dogmas

By: DigSpace in ALEA | Recommend this post (0)
Mon, 03 Dec 12 7:41 PM | 45 view(s)
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Msg. 12068 of 54959
(This msg. is a reply to 12030 by Cactus Flower)

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the fact is (as that excellent Bruce Bartlett piece pointed out, the Pres and much of the dems are already right of center, I agree that the money will start to flow towards getting what they want from right of center dems (folks like Obama, Geitner, Begich, Clinton, Baucus, Pryor, Landrieu, Hagan, and T. Johnson (not the R Johnson wack from WI)).

The grand bargain, to satisfy the big money and address fiscal reality, will ultimately come down to addressing the corporate tax rate ... increasing individual rates and rates (losing the low dividend and cap gain rates) in exchange for lowering the corporate tax rate.

It will be a hard sell to the left, and a hard sell to the right. But that is the deal, I think David Brooks has his finger on that.

Move away from using the code to engineer corporate behavior (loopholes) move away from using the code to engineer individual behavior (deductions/loop-holes) treat earnings equally (div, cap gain, wages, soc.sec) and lower the bloody corporate tax rate.

Tough sell.


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The above is a reply to the following message:
Barking dogmas
By: Cactus Flower
in ALEA
Sat, 01 Dec 12 7:17 PM
Msg. 12030 of 54959

Josh Barro nails it.

You can't wash the Republican party clean with a little shampoo. It needs a good, hard scrub.

The root cause of the problem is that the party's funders don't share a cause with its voting bloc.

My guess - the funders will desert the gop and try to use their money to change the direction of the democratic party. hopefully the dems will turn down their money. it has a broader donor base and should maintain that approach.

http://www.bloomberg.com/news/2012-11-29/in-republican-civil-war-both-sides-are-hopeless.html

"The Republican Party's key electoral problem doesn't come from social conservatives or nativists. It comes from the economic policy demands of the party's wealthy donors. Murphy allows that Republicans "have lost much of our once solid connection to the middle class on kitchen-table economic issues." But his prescription won't do anything to fix that problem.

What are the "kitchen-table" economic concerns of the middle class? They're high unemployment, slow income growth, underwater mortgages, and the rising cost of health care and higher education. Democrats have an agenda that is responsive to these concerns. Republicans don't -- and they don't because the party's donor class specifically doesn't want one.

Have you spoken with a wealthy Republican donor in the last few years? By and large, they are outraged about Obamacare, easy money and stimulus spending -- that is, at policies aimed at easing middle class families' economic situations. They are often delusionally convinced that the country faces imminent economic collapse. What they believe will prevent that collapse is tight money, spending cuts and continued tax cuts for the rich. And so long as Republicans pursue those goals, they will be the party of anti-middle class economic policy."


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