If anyone has seen the movie Idiocracy, you know how far Mike Judge has fallen since Office Space, but the opening sequence still bears reiterating in our current context.
Thomas and Rachel are 2 self-respecting, intelligent people. They have one kid, and raise that kid to be like themselves; a self-respecting, intelligent person. They work hard, pay their taxes, pay their mortgage or rental agreement, and don't expect the government to hand out money, jobs, etc to them.
Bobby Sue and Bobby Joe are two uneducated, ignorant, inbred, IQ-of-87-on-a-good-day pieces of garbage. They have 8 kids, all of whom grow up to be (you guessed it) JUST LIKE THEM. They DON'T work hard, they don't pay taxes, and they're excited that "Obama will pay their rental agreement for them."
Who inherits the America of tomorrow? Sure, there will still be geniuses and well-raised citizens, but their proportion of the population is shrinking. "But," you say, "with so many people in this country, we'll still have plenty of intelligent, hard-working, tax-paying people to hold up the high end of the tax bracket, we can continue to lean on them." That logic is flawed. Already, 10% of the population pays 68% of the taxes (and earns 44% of the income), and every year that unequal wealth/tax distribution grows (which, of course, pisses off liberals for obvious reasons, but fiscal conservatives and libertarians should be equally horrified, and here's why). I won't bother trying to convince the social conservatives; if you think intelligent design is legitimate science, I don't expect you to understand high-fallutin' concepts like, say, macroeconomics.
If a shrinking proportion of people are contributing to the system, and a larger number of people are demanding handouts, at a certain point (read: NOW) the financial equation will no longer balance. This phenomenon builds gradually over time, but accelerates and becomes a "crisis" when a catalytic event such as an economic collapse (September 2008) or an international pandemic that kills off half the world's population (September 2010?), leaving only a handful of genuine contributors to the system.
"We need to care for the weakest among us!" cry the bleeding hearts. "Ok," I say, "Who are the weakest among us? The mentally ill? Ok. Veterans who lost limbs and are unable to earn much? Ok. Tell you what, I'll even kick in the poorest 10% of the population, just to satisfy the bleeding hearts. Fair?"
Hmmm... that all sounded fine, except... what percentage of the population do we ACTUALLY carry?
Here are the numbers: the "weakest among us" is the BOTTOM 50% OF THE POPULATION, who only pay 3% of taxes, which doesn't even cover the social program payments that go directly back to them. That means that we are literally carrying half of our population's weight.
What do we do with all that dead weight? Euthanize them? Sterilize them? Make them serfs like the old Russian system?
Here's an idea: we could stop paying them to breed.
Idea 2: Abolish the IRS altogether, and raise sales tax to 30%. "Oh, but all those poor out-of-work lawyers, accountants, and IRS agents!" you cry out. "We can make them serfs too," I reply.
Perhaps Messiah Obama will find a solution to our problem of shrinking Providers and growing Demanders (a problem compounded by our aging and retiring society). I'm not holding my breath though, so it's a good thing I'm not making any money from a single rental agreement, so I can be taken care of by all you hard working Providers!
6 Comments on Entry 30 - Idiocracy, Entitlement, and the New Steal
JUN
27
2009
Ok, maybe Obama didn't create this mess, but his policies will make it exponentially worse and finally bankrupt us. Because Bush was spenidng does not make it right for the drastic measures Obama is taking and looks to me like the beneficiaries will be the unions, the lazy and the Democrats. Good post.
CSD - Wow, you have gone all political on me, with grafts and everything. : )
Agree we should get rid of the IRS and go for a flat tax, but as you know the government is never interested in downsizing government only making it bigger.
Scathing, caustic, unrestrained, and hilarious look at all the pitfalls of low end (read: $hitty) real estate. If you expect me to apologize for using words like "ghetto" or "white trash," well... you clearly haven't read this real estate humor blog, because that's the least of the offenses.
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Ok, maybe Obama didn't create this mess, but his policies will make it exponentially worse and finally bankrupt us. Because Bush was spenidng does not make it right for the drastic measures Obama is taking and looks to me like the beneficiaries will be the unions, the lazy and the Democrats. Good post.