So the S-word has surfaced in the presidential campaign. One candidate accuses the other candidate of being a socialist because he would raise taxes on the wealthy while "cutting taxes" for, among others, workers who pay no income taxes. The accused laughs it off, saying next he'll be called a communist for sharing his toys in kindergarten. (Of course, then he was sharing his own toys.) Meanwhile, the first candidate -- the one hurling around the "socialism" charge -- says if elected he'll buy up shaky mortgages and send checks to people who pay no income taxes so they can get medical insurance. I'm beginning to understand how Alice felt.The rest of this week's TGIF, "The S-Word," is at the Foundation for Economic Education website.
Friday, October 31, 2008
The S-Word
Labels:
corporate state,
government spending,
socialism,
taxation,
welfare state
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