1. Elect a Republican governor and legislature. In many states that should know better, this is already a done deal.
2. Governor announces lower taxes on the rich, which he promises will spur business investment and fill the state coffers with abundance.
3. Tax revenues fall and a big budget deficit results.
4. Governor blames excessive pensions paid by state government, especially teacher pensions.
5. Instead of being arrested for fraud or theft or whatever criminal statutes apply to people who abrogate contracts that one party has fulfilled, governor and legislature succeed in "reforming" pensions so that retirees get less. Combine with other efforts to shrink public education, health and welfare, because the state can't "afford" them anymore. So retirees and middle class teachers, government employees etc. make less or are fired. Redistribute saved income upwards!
That's it, in five easy steps. Oh, and the sixth---
6. Elect one of these governors as President of the U.S. so the same procedure can be applied nationally, and even more income transferred from middle class and poor people to rich and richer people. It worked for Reagan, it can work again. (Ask Scott Walker.)
Bonus: though this hurts some white people, it's predominantly old white people that it benefits Everybody else loses. In fact, everybody loses.
On Turning 73 in 2019: Living Hope
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*This is the second of two posts from June 2019, on the occasion of my 73rd
birthday. Both are about how the future looks at that time in the world,
and f...
5 days ago
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