April 18, 2011
WE'RE PROGRESSIVE, THEY'RE REACTIONARY:
The Incredible Shrinking Obama (PETER WEHNER, 4/25/11, Weekly Standard)
Republicans need to unmask the philosophy guiding modern liberalism when it comes to taxes. What liberals are interested in isn’t growth so much as egalitarianism and redistribution for its own sake. For many on the left, increasing taxes isn’t about economics as much as morality. They believe taxing the wealthy is a virtue, to the point that they would penalize “the rich” even if that has harmful economic consequences. Recall that during a campaign debate, when asked by Charles Gibson about his support for raising capital gains taxes even if that caused a net revenue loss to the Treasury, Obama sided with tax increases “for purposes of fairness.”
Higher taxes would keep our current welfare state in place for only a little while longer. The entitlement apparatus would remain unsustainable. Tax increases might slightly delay, but could not forestall, a fiscal crack-up. The only thing that can is reconfiguring and restructuring our entitlement programs, most especially Medicare. That is what Paul Ryan’s plan does—and what President Obama’s budget avoids doing.
The point cannot be made often enough: Modern liberalism, as embodied in the Obama presidency, is the defender of the status quo.
Of course, the second part of this is that the GOP needs to be the party of putting the welfare state on a sustainable footing, which is what the Right is reacting against.
Posted by oj at April 18, 2011 4:22 PM