Populist policies that aren’t really populist

24. October 2009 by admin.

Everyone knows that liberal politicians get into power by promising to fight the rich for the sake of the poor, which is known as populism.  Modern liberals like Barack Obama tell us they want to jump start the economy with government spending, which will create more jobs.  They promise to increase forms of public welfare and expand things like health-care for everyone, because it’s going to benefit you–the little guy–mostly at the expense of the bourgeois.  Of course, anyone with at least a little economic common sense knows this is a bunch of bunk. In fact, by looking at numbers we can find their policies are helping few other than the rich, especially in the long term.

A)  The Liberal Flat Tax

Because the government doesn’t actually have the money to support the entire economy and pay for social entitlements and two occupations, liberal economists like Paul Krugman claim the answer to our problems is quantitative easing, or the government’s inflation of the dollar to jump-start the economy and pay for socialist programs like health-care.  This, he claims, would circumvent the problem of debt, as any reasonable person understands that debt ruins financial entities, and moral people realize that funding today’s poor with the future poor’s money–also known as putting it on the baby’s tab–is fundamentally unjust.  It places our needs above theirs.

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