Posts here have been in short supply as I have been living life and trying to get a campaign off the ground. But "11 questions to see if Libertarians are hypocrites" by R. J. Eskrow, picked up at Salon , was just so freaking lame that I spent half an hour answering them. In the end (but I'll leave it to your judgment), it is not that Libertarians or Libertarian theory looks hypocritical, but that the best that can be said for Mr. Eskrow is that he doesn't have the faintest clue what he's talking about. That's ok, because even ill-informed attacks by people like this make an important point: Libertarian ideas (as opposed to Conservative ideas, which are completely different) are making a comeback as the dynamic counterpoint to "politics as usual," and so every hack you can imagine must be dragged out to refute them. Ergo: Mr. Eskrow's 11 questions, with answers: 1. Are unions, political parties, elections, and ...
“A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.” -- Charles Wheelan, "Naked Economics"
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Also, a BOOYAH! Hell ya!
The Bush tax cuts prevented the real estate bubble and the resulting Depression that we're in today
It was too good to be true...
Problem with this video: what Johnson does NOT say is that he wants to replace all of those taxes with the "Fair Tax" consumption tax, supposedly revenue neutral.
It may or may not be, but I had the same concern as to why he didn't give the rest of his usual spiel and say what he was going to do instead.
And Johnson's "fair tax" is regressive no matter how you slice it. On a percentage basis, higher-income people tend to spend less of their income than lower-income people.
And your question "But what good is income without spending it?" is silly. Did you ever hear of investing?
You should look a little closer before you claim that the Fair Tax "is regressive no matter how you slice it." Although this graph does rise less steeply above a million dollars, there is no way it can be described as anything other than progressive.
And your question, "Did you ever hear of investing?" is even sillier. You look at the surface of things, but rarely follow through to consider their consequences.
It would be impossible to invest money if nobody was going to spend that money.
See how that works anonone?