(A couple of months old, but excellent analysis found by rbos)
The History News Network surveyed 415 historians on the record of the Bush administration. Their conclusion, by more than 4 to 1: the Bush presidency is an abject failure. 12% of the historians surveyed rate the current presidency as the worst in US history. A few quotes:
- "His presidency has been remarkably successful in its pursuit of disastrous policies."
- "I think the Bush administration has been quite successful in achieving its political objectives, which makes it a disaster for us."
- "Bush is now in a position [...] to roll back the New Deal, guided by Tom DeLay."
- "Although previous presidents have led the nation into ill-advised wars, no predecessor managed to turn America into an unprovoked aggressor. No predecessor so thoroughly managed to confirm the impressions of those who already hated America. No predecessor so effectively convinced such a wide range of world opinion that America is an imperialist threat to world peace. I don 't think that you can do much worse than that."
- "The idea that dividend income should not be taxed - what might accurately be termed the unearned income tax credit - can be stated succinctly: If you had to work for your money, we'll tax it; if you didn't have to work for it, you can keep it all."
- "The Patriot Act [...] is the worst since the Alien and Sedition Acts under John Adams."
There's a few gems in the comments, too, although many of them are filled either with prototypical left-wing whining or with equally prototypical right-wing bombast in refutation of the former. (I cite by example the nincompoop who makes it clear, in his smug, derisive dismissal of the Second Amendment as irrelevant in modern times, that its simple language is as far beyond his understanding as the concept that governments might not be trustworthy is evidently beyond his imagination.) Nevertheless, there's (for instance) a good analysis of the way the Democrats have backed themselves into a corner via their own policies, and are now in a weak position to complain about those of the Republicans.
no subject
You assert only the fourth and sixth quoted comments have merit. Are you suggesting, then, that those wealthy enough that they don't have to work at all and gain all their income from investment dividends should pay no tax? Are you suggesting that people who have to work for a living, such as yourself, are somehow more deserving of having that living raided to pay for government spending?
If eliminating the tax on dividends benefitted anyone with under a six-figure income, it was by accident.
no subject
As for them as "don't have to work", anybody with enough in investments to not have to work has a good accountant working for them to see that they don't pay taxes anyway... if you simply tax Stuff, they'll end up paying a lot more than they ever were...
You're gonna ask, what if they just chuck it all in the stock market or in a bank? That money doesn't just sit there. It either gets lent out to somebody who's going to spend it on Stuff, or given to a company as capital to buy Stuff and pay people (who buy Stuff), or if it's an equity trade, somebody sold that stock, and is using the proceeds for something.... it could get tied up thru a few iterations, but eventually you hit a corner case and it falls out somewhere to buy Stuff.
This way the tax system is more or less self-selecting. And requires a metric buttload less records. No IRS. And since we're not taxing food or energy, no stupid-pant rebate scheme what requires the gooberment to know where you are...
no subject
(Note: This entails both restricting what the goobermint gets it sticky little fingers into, and mandating that what it does, it should do efficiently and at a profit.)
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You can promote the general welfare at a profit if you do it right. But I do not think that you can provide for the common defense, nor secure the blessings of liberty, at a profit.
no subject
Secondly, consider that every business has departments which make money, and departments which lose money, but which are equally important to the business as a whole. Similarly, a hypothetical self-supporting government could lose money on its Marine Corps while still staying in the black overall.
Thirdly, Heinlein discussed exactly this problem in For Us, The Living (which was marketed as a novel, and failed as such because in 1939 it was far too radical, but should instead be considered a series of lectures with a storyline wrapped around them to tie them together). Go read it. It may change your thinking about a number of things. The short answer, which is going to sound insane right now but will make a lot more sense after you read the book and think about the economics of the system he proposes in it, is "The government prints enough extra money each year to pay for operating the USMC."
(Well, OK, the precise example cited in the book was paying for a new aircraft carrier. But the principle applies.)