October 14, 2012

WHICH IS WHY THE TEA PARTY CONFUSED PEOPLE:

That Blurry Line Between Makers and Takers (TYLER COWEN, 10/13/12, NY Times)

People tend to think that they have justice on their side, whether it comes to making or taking.

For example, millions of homeowners have spent hundreds of thousands of dollars on the premise that the tax deduction for mortgages will be continued. If they support a continuation of that deduction they hardly feel like brigands, even though a bipartisan consensus of economists doubts the efficiency of this tax break.

As years and decades pass, recipients of this deduction and other benefits start to see them as deeply and richly deserved. Furthermore, almost all of us reap one or more of these benefits, so few individuals are consistently opposed to all government transfers.

It becomes difficult for a politician to articulate exactly what is wrong with this arrangement when the audience itself is in on the game and perhaps does not want to hear about its own takings.

Tea partiers didn't oppose government spending, just spending on others which might threaten their own welfare checks.

Posted by at October 14, 2012 7:35 AM
  

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