Here’s a novel idea, friends: Rather than bludgeon “rich” folks over the head with a pipe, liberals should celebrate their job creation. Please point me to the poor person who provided you with a job. You know it’s those evil “rich” dudes who have the money, acumen, and risk temperament to create employment for the rest of us. Liberals endlessly excoriate the idea of “trickle-down” economics, blasting it as some scheme that just gets the very top wealthy while no one else prospers. The left’s idea is trickle-down, too, though. It just uses the brute force of government to command where the trickling down is going to occur. There’s no such thing as bottom up prosperity. If you think there is, go to the very bottom of the bottom—your local smelly bum—and see how many jobs he can provide you and your family.
But tell that Chris Matthews, who got pimp slapped on-air yesterday by Rep. Paul Ryan on why jacking up taxes on the “rich” would be disastrous for everyone, not just the top-income tier. You must watch this smack down Mr. Ryan gave Mr. Tingles.
Man, Matthews just has no clue what he’s talking about. You’d think his producers would have better prepped him on how economies are, in fact, stimulated. What does he think will happen, as Ryan points out, when taxes increase on all the small businesses that file as individuals? Will these businesses be more likely or less likely to expand? As the adage goes, if you tax something, you get less of it.
Oh, and for a moment there, don’t you forget that Democrat Rep. Joseph Crowley of New York is on to debate with Ryan? Even Matthews barely turns to him for commentary in this segment, since Crowley’s argument predictably turns into leftist boilerplate: Blame Bush. Yeah, like we haven’t heard that one now for the past, um, 10 years. Some new talking points, please.
Sign up to the Human Events newsletter