{"id":206,"date":"2012-12-10T13:02:53","date_gmt":"2012-12-10T19:02:53","guid":{"rendered":"http:\/\/walz-chojnacki.us\/Pensees\/?p=206"},"modified":"2012-12-10T13:15:13","modified_gmt":"2012-12-10T19:15:13","slug":"fiscal-cliff-is-the-result-of-a-tax-holiday-for-the-wealthy","status":"publish","type":"post","link":"https:\/\/www.walz-chojnacki.us\/Pensees\/fiscal-cliff-is-the-result-of-a-tax-holiday-for-the-wealthy\/","title":{"rendered":"Fiscal Cliff is the result of a tax holiday for the wealthy"},"content":{"rendered":"<p>So, you take a pay cut because someone said it&#8217;ll make the business better &#8212; in fact, business will be so good, you&#8217;ll end up making more money. But despite a loss of income, you keep spending money on rent, medical expenses, saving for retirement, and so on, as if nothing has changed. In fact, you even buy a couple of new cars.<\/p>\n<p>But\u00c2\u00a0 a funny thing happens: Your debt soars and the business doesn&#8217;t do better &#8212; it does worse &#8211;\u00c2\u00a0 so you really need the money you lost in the pay cut.\u00c2\u00a0 (And of course, it was foolish to buy those cars.) But you&#8217;re told that you don&#8217;t deserve a raise!<\/p>\n<p>If you want government to be run like your household, the scenario above pretty well describes the sort of household the Republicans have been running. The Republican-led government created a big tax cut and two unfunded wars\u00c2\u00a0 &#8212; and now their solution is cutting Social Security and Medicare?<\/p>\n<p>Let&#8217;s get one thing straight: The wrangling we&#8217;re seeing over the so-called fiscal cliff is really just a skirmish in the larger war against the social safety net, dating back to the creation of\u00c2\u00a0 Social Security in the 1930s.<\/p>\n<p>The conservative game plan for decades has been to manufacture crises like the current one by cutting revenues to the federal government. Restore taxes to a sensible level &#8212; and\u00c2\u00a0 stop fighting foolish wars &#8212; and the crisis goes away.<\/p>\n<p>And let&#8217;s stop talking about the revenue solution as though we&#8217;re raising taxes. Let&#8217;s call it the end of a tax holiday for the wealthy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s get one thing straight: The wrangling we&#8217;re seeing over the so-called fiscal cliff is really just a skirmish in the larger war against the social safety net.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-206","post","type-post","status-publish","format-standard","hentry","category-general","cat-1-id"],"_links":{"self":[{"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/posts\/206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/comments?post=206"}],"version-history":[{"count":11,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/posts\/206\/revisions"}],"predecessor-version":[{"id":208,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/posts\/206\/revisions\/208"}],"wp:attachment":[{"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/media?parent=206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/categories?post=206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.walz-chojnacki.us\/Pensees\/wp-json\/wp\/v2\/tags?post=206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}