2010-04-16 14:12![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
digitaldiscipline
digitaldisciplineEvery so often, I get an email with a subject along the lines of "this might be good for conversation on the blog." Earlier this week, it was the Boston Globe summary of why making users change their system passwords was counterproductive (my tl;dr summary for y'all: "I can't remember my fucking password, so I'm going to blame the entire IT industry").
So, in the spirit of turnip bouts are fair play, and because he's an incessant proponent "stop taxing the rich bastards," I provide, in very succinct form, why I consistently think his economic policy smells about as good as his bathroom an hour after he's eaten two helpings of asparagus in a rich cream sauce:
For folks who want more graphs, here is the Matthew Iglesias article to which Planet Money referred.
But don't take my snarky-ass word for it... take Mr. Iglesias':
As is well-known, the Top 400 [richest Americans] are considerably more talented than the rest of us. And this decline in their tax rates has created exciting new incentives for them to apply their talents. And that, in turn, is why the 2000s were a so much more economically successful decade than the 1990s, not just for the Top 400 but for the rest of us as well. Thanks to their skyrocketing incomes and falling tax rates, we’re currently all enjoying the fruits of prosperity, rapid growth, and low unemployment. Thanks rich guys!
So, in the spirit of turnip bouts are fair play, and because he's an incessant proponent "stop taxing the rich bastards," I provide, in very succinct form, why I consistently think his economic policy smells about as good as his bathroom an hour after he's eaten two helpings of asparagus in a rich cream sauce:
For folks who want more graphs, here is the Matthew Iglesias article to which Planet Money referred.
But don't take my snarky-ass word for it... take Mr. Iglesias':
As is well-known, the Top 400 [richest Americans] are considerably more talented than the rest of us. And this decline in their tax rates has created exciting new incentives for them to apply their talents. And that, in turn, is why the 2000s were a so much more economically successful decade than the 1990s, not just for the Top 400 but for the rest of us as well. Thanks to their skyrocketing incomes and falling tax rates, we’re currently all enjoying the fruits of prosperity, rapid growth, and low unemployment. Thanks rich guys!
