Effing Redistributionists

Interesting commentary from the Christian Science Monitor about the "Triumph of the Redistributionist Left." While disheartening for me - especially considering that I will not get the nice Christmas presents from Social Security that the older generations will, all aside from philosophical considerations - the guy has a point:

It's about something much deeper; namely, that the era of big government is far from over. Trends are decidedly in favor of that quintessential leftist goal: massive redistribution of wealth.

Republicans' capture of both Congress and the White House was, understandably, a demoralizing blow to the left. But the latter can take solace that "Republican" is no longer synonymous with spending restraint, free markets, and other ideals of the political right.

While the left did not get its way on tax cuts, this may be only a temporary defeat: Freewheeling spending has made future tax cuts politically a lot harder.

During the first five years of President Bush's presidency, nondefense discretionary spending (i.e., spending decided on an annual basis) rose 27.9 percent, far more than the 1.9 percent growth during President Clinton's first five years...

Discretionary spending is dwarfed by mandatory spending - spending that cannot be changed without changing the laws. Shifting demographics combined with an inability to change those laws virtually ensures that, through programs such as Social Security and Medicare, America's workers will be forced to redistribute a larger and larger portion of their income to other Americans in the coming decades.

...Certain trends have been favoring the left for the past several decades. In the early 1960s, transfer payments (entitlements and welfare) constituted less than a third of the federal government's budget. Now they constitute almost 60 percent of the budget, or about $1.4 trillion per year. Measured according to this, the US government's main function now is redistribution: taking money from one segment of the population and giving it to another segment. In a few decades, transfer payments are expected to make up more than 75 percent of federal government spending.

That's not a pretty picture.

Posted by Buckethead Buckethead on   |   § 4

§ 4 Comments

1

Hey, I just used "Effing" in a post title. Are you ripping me off?

I WROTE "Effing", mister!

2

Oh, sure, Mr. Bigshot, now you're laying claim to words? When I looked up effing in the OED, I didn't see a note aying only Murdoc can use this word.

Nyah.

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