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The Dead End Politics of Class Envy
by Robert P. Heslin, for ElectionDebates.com
It's August 2011 and the political airwaves are thick with the usual liberal rhetoric calling the rich to task for not contributing their fair share of the economic burden as the country struggles through the great recession.
Never mind that the fortunes of the rich, the middle class, and the poor rise and fall together. Never mind that confiscatory taxation aimed at the rich always and invariably hurts the middle class and the poor as well.
Noted blogger and Internet humorist Dave Burge, also known as Iowahawk, makes the point, with his usual acid wit, that there simply aren't enough rich people and big corporations to pay for all the big government largesse liberals are so passionately attached to. Starting with the baseline of $3.5 trillion in Federal spending for FY 2011, Iowahawk lays out in stark detail how even the systematic looting of all the wealth produced by the rich would not be enough to run the country for even a year.
If we took... |
The net
result would be...
|
And it would pay for
the US 2011 fiscal
year budget through... |
|
- All the profits from
ExxonMobil and WalMart...
|
$ 34,000,000,000 |
Jan 4, 9:52 am |
- All the profits from all 498 of
the other Fortune500 Companies...
|
$ 357,000,000,000 |
Feb 9, 2:00 am |
- All the money spent on corporate
advertising during the Superbowl...
|
$ 250,000,000 |
Feb 9 2:00 pm |
- All the money spent on all
corporate advertising, period...
|
$ 5,000,000,000 |
Feb 9 2:00 pm |
- All the sports salaries from the
NFL, NBA, NHL, MLB, PGA Tour, NASCAR, and the like...
|
$ 9,400,000,000 |
Feb 10, 9:00 pm |
- All the money earned by anyone
making more than $250,000...
|
$ 1,412,000,000,000 |
Jul 2, 6:00 pm |
- All the money that pays for
the wars in Iraq and Afghan...
|
$ 264,000,000,000 |
Jul 29, 4:00 pm |
- All the merchandising money made by the movies, toys, lunch boxes, etc...
|
$ 25,000,000,000 |
Aug 1, 4:00 pm |
- All the mansions in Beverly Hills and sold them at current market value...
|
$ 30,000,000,000 |
Aug 4, 4:00 pm |
- Half the wealth of liberal billionaires Warren Buffet and Bill Gates...
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$ 50,000,000,000 |
Aug 9, 4:00 pm |
- Half the money from all the
other billionaires in the country...
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$ 650,000,000,000 |
Oct 13, 4:00 pm |
- All the other billionaires and almost-billionaires and killed them all and took everything from their estates...
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$ 650,000,000,000 |
Dec 25, 4:00 pm |
- All the money we normally
give away on foreign aid...
|
$ 50,000,000,000 |
Dec 30, 4:00 pm |
- Forty dollars cash from every man,woman and child in America...
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$ 12,500,000,000 |
Jan 1, 2012 12:00 am |
And then what? After our self-righteous pillage consumes the upper classes and all they've created, the sun rises over a smoking field of economic ruin stretching as far as the eye can see, leaving us still, as always, with the need of clothing, feeding, and housing ourselves. But we'll have razed out of spite the single most effective means ever devised of doing so.
Further Reading:
Iowahawk: Feed Your Family on $10 Billion a Day
And don't miss Bill Whittle's highly-entertaining Videoization
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