There is an old folk saying that comes down from the Irish tradition: “The economy of the crow”. It’s uttered whenever some old wag wishes to describe, in a dryly pithy manner, a short-sighted and foolish resource management strategy. It supposedly is derived from the habit of scavenger birds like crows who, upon noticing an unharvested bit of carrion ripe for the picking, tend to drop whatever goodies they may currently have in their clutches in order to go in pusuit. Basically the saying is a ridicule, a chastisement of stupid waste.
While that kind of bird-brained buffoonery may be understandable in a creature with the cranial capacity of a thimble, it’s not the type of responsible management practice we expect from our elected representatives. Certainly not from the members of the party that claim in one breath to be both the party of fiscal responsibility and the party of deep business savvy. Nonetheless that’s exactly what Republican’t douchebags like Paul Ryan (R-WI) and McConnell (R-KY) continue to parrot unashamedly when they urge for yet another tax cut for the wealthiest 2% of Americans. We’ve already estimated at Chart 2 of this post that tax cuts for elite income individuals as proposed by Ryan will likely add $116 BILLION* per year to the deficit.
And what, pray tell, do sirs Ryan and McConnell promise the American people will receive in return for the bankrupting of the national treasury? Jobs. Jobs they say will be created by pushing more capital into the economy. They’re kinda vague about just how many jobs, though. While the suspicious among us might be inclined to attribute this to fundamental dishonesty, the generous interpretation of their lack of clarity is because they don’t want to confuse what they regard as their constituency of simpletons with all sorts o’ complimicated numbers an’ stuff. ‘Cause numbers are for egg heads and nerds—not cool ‘down home folks’ like you an’ me, right?
Bullshit. I call fucking bullshit on Ryan and McConnell. And here’s why: LESS THAN 2% OF THE SMALL BUSINESSES THEY KEEP HARPING ON NET MORE THAN $200,000 A YEAR. And here’s the fucking proof drawn directly from the IRS’s most recent business survey.
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