The Coming Intra-Party Wars - The Atlantic

Megan McArdle's The Coming Intra-Party Wars - The Atlantic posting on the debt limit battle contains two comments that caught my eye. The first one talks about the choices the Republican and Democrats will have to take.

The Democrats ... are going to face unprecedented conflicts between their constituencies in the decades to come. Fundamentally, we're bumping up against the willingness of the American public to pay more taxes, or accept spending cuts. Some constituencies are going to lose. Republicans are going to have to decide whether they'd rather have lower taxes, or a stronger military. And Democrats are going to have to decide who they care about more: old people, or poor people.

The other comment brilliantly captures the shell game we're playing on ourselves.

Me, I'd like a single entitlement system that takes care of people who are actually destitute and unable to work, not this mad scheme whereby America's middle class is supposed to get rich by picking its own pockets.

Tax The Rich? Good Luck With That - Investors.com

When we hear certain politicians, like Obama, constantly demonizing the wealthy for their transgressions and proposing higher tax rates for this group to close the budget gap, consider what Walter Williams says in his Tax The Rich? Good Luck With That - Investors.com. The bottom line: this avenue leads to a dead end that falls woefully short of the declared goal of having enough funds to pay for all of the expenses in our national budget. 


This isn't top secret, impossible to find information so I can only conclude that the motive behind the incessant demonizing of the rich has other motivations than balancing the budget.