Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.

"A strong conviction that something must be done is the parent of many bad measures."
  -- Daniel Webster

Friday, December 23, 2011 :::

Frank Fleming:
But to see why taxing the rich boosts the economy, remember the story of the goose that laid the golden eggs.

A farmer had a goose that laid a golden egg once a day, until he tried cutting the goose open to get all the gold at once and ended up with no more golden eggs. Similarly, rich people lay golden eggs of jobs and tax revenue each year — and, as tempting as it is to just cut rich people open and confiscate all their wealth, it’s not really a good idea. That would be killing the goose that lays the golden eggs.

But suppose, instead of killing the goose because you’re unsatisfied with its golden egg output, you just punched it really hard in the face. That’s perfectly fine; it won’t stop future egg production. But it does let the goose know who is boss. Plus it relieves stress.

And it just makes everyone feel better to see that stuck-up goose who thinks she’s better than everyone get a good whack in her stupid goose face.

In a struggling economy, that’s what people need to see happen to the rich. Call it the “Goose Punch” theory of economics.

::: posted by Steven at 5:06 PM

Comments: Post a Comment

Comment Policy

Dollars and Jens
Steven's web-site

Kitchen Cabinet
Colby Cosh
The Volokh Conspiracy
The Corner
The Bleat from James Lileks
Tim Blair
Daily Ablution
Mickey Kaus
Dave Barry
How Appealing
Virginia Postrel
Reason's "Hit and Run"
Captain's Quarters
Roger L. Simon
Power Line
IWF's InkWell
Blogs for Bush
Chetly Zarko
Signifying Nothing
Cosmo Macero
Hub Blog
Ex Parte from Harvard Law's Federalists
Harvard CR blog
Priorities & Frivolities
Daley News
Emil Levitin
Politica Obscura
Wave Maker
Town Watch
Worcester County Repubs

Election '08
Don't Vote
Dave Barry
John McCain

Other Sites of Note
Townhall columnists Cambridge Republican City Committee
Cambridge Chronicle
Robert Winters
Boston Herald
Boston Globe
Boston Metro
Channel 5
Commonwealth Mag
Fox News
Massachusetts Republican Assembly
Robert Benchley Society

U.S. Constitution
9/11 commission report [7 Meg PDF]
Iraq Survey Group report
Fahrenheight 9/11 deceits


Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.

Powered by Blogger