Skip to comments.Democrats Argue for Fairer Allocation of Nationís Collective Wealth
Posted on 03/10/2013 11:06:29 AM PDT by John Semmens
Both President Obama and House Minority Leader Nancy Pelosi (D-Calif) labeled GOP demands that the federal deficit be reduced by focusing on cuts in government spending narrow minded.
By insisting on looking only at federal spending theyre ignoring 75% of the economy, the President complained. America produces $15 trillion of output per year. The federal government only spends $3.5 trillion of that. What were saying is that the fairest way to cut the deficit is to take a slice out of the bigger piece of the pie that currently is allocated to the private sector.
Every dollar we let the private sector take out of the nations GDP is a dollar that could be used to reduce the federal deficit, Obama explained. By siding with those who are already hogging the bigger share of the collective wealth of America, the GOP is siding with selfishness over community.
The Republicans argument that the private sector is earning its wealth overlooks the fact that the government is letting them do this, Pelosi maintained. The amount of the nations wealth that is allowed to flow to the private sector is a discretionary decision. The GOPs attempt to assert that a person who produces it has some sort of claim on the output elevates greed over need as a matter of policy.
Obama and Pelosi expressed optimism that once the American people realize that the entire wealth of the nation can be redistributed by government action they will either press the Republicans to cooperate in the process or sweep them aside into the dustbin of history.
The idea that government can make better use of the nations resources is cast into doubt by a recent Inspector Generals report showing that most of the $63 billion in taxpayer money spent to reconstruct Iraq has been wasted. Part of the money went to overpay for supplies like the $900 paid for a switch that retails for $7 and the $80 paid for pipe that retails for less than $2. Other funds went for construction projects never completed that now lie in ruins. Nearly a third of the $63 billion seems to have simply disappeared without a trace.
if you missed any of this week's other semi-news/semi-satire posts you can find them at...
Once the American people realize that the entire wealth of the nation can be redistributed by government.
If that statement isn’t an omen to hide your money nothing is.
Looks like Adolf was cloned.
With every day that passes, satire from this site and The Onion become less easy to identify.
Uh, Mr. Economic Illiterate Dic-tater, sir? The government slice is the ONLY part that didn't get where it is by more or less free, voluntary decisions on the part of those who had those dollars before. So who the hell do you think you are to be defying the wishes of all those people who sent their dollars where they wished them to go?
Another cynical chuckle John. Good one again.
Best satire EVAH!! Reading along, I could just hear those words coming out of Bela Pelosi’s and Obama’s mouths!!
God Damnit, John!! You get me [almost] every time!
what do you think would happen if ANYONE were to ask pelosi or 0failure if they would ‘redistribute’ their salaries among those in attendance or those homeless 2 blocks from monument mall?
always trying to put their hands in my pockets, NEVER their own