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April 28, 2009

The Caine Mutiny

As I've commented many times, economics is the study of human behavior. And it's not exactly earthshaking to find that people don't go to work every day to provide a heaping helping of "social justice" to people they've never met.

They work to provide a better life for themselves and those they care for:

"The Government has taken tax up to 50 per cent, and if it goes to 51 I will be back in America," he said at the weekend. "We've got 3.5 million layabouts on benefits, and I'm 76, getting up at 6am to go to work to keep them. Let's get everybody back to work so we can save a couple of billion and cut tax, not keep sticking it up."

Unsurprisingly, they also feel this strange sense of "entitlement": it's almost as though they think they should be allowed to keep what they earn.

As the saying goes, "read the whole thing". And then try and tell me this wasn't entirely predictable.

Posted by Cassandra at April 28, 2009 12:08 PM

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Comments

Government exists to perpetuate itself. It is nothing more than empowered welfare. You are perceived as doing something worthwhile, when really, you are taking money from someone and applying it to someone else.

Think of the civil servant's children, Cassandra.
If that selfish 76-year old man doesn't go to work to support welfare recipients, the government worker will be in the line as well, for less money, but there you have it.

There was also that family that was too obese to work and were asking for more money in benefits.

Uhhh...No.

http://www.foxnews.com/story/0,2933,509514,00.html

Posted by: Cricket at April 28, 2009 12:40 PM

Can we trade? We'll gladly take Sir Michael Caine (a personal fav) and send them Surandon, Robbins, and *Spicoli* (I fergetted his name).
A fair trade if ever I heard of one.
0>;~}

Posted by: DL Sly at April 28, 2009 12:47 PM

Why not think big? Let's see if they will trade Scotland for Hollywood...

Posted by: Manchurian-bubba-hun at April 28, 2009 01:12 PM

The Ponzi scheme that is socialism is based on the assumption that people who work and produce will continue to do so as their taxes increase in the face of declining take-home pay. At some point it becomes absurd to continue working for less money when you can work less and take more of your hard-earned money home.

Socialism requires that the taxpayer beast-of-burden is the ultimate hedge fund. That assumption is being seriously questioned.

Stay tuned as the worm is turning.

Posted by: vet66 at April 28, 2009 01:30 PM

Vet66, you have seen the man behind the curtain.
There are black helicopters headed your way. I wanted to warn you since New York City didn't get a warning.

Posted by: Cricket at April 28, 2009 03:35 PM

I'm wondering if there is no man behind the curtain only a tele-prompter that fails at the most inopportune time. Kind of like an old 45 record with a nick in it capturing the magnificent needle in an endless loop of nonsense.

Gotta go, there is a knock on the door and a black mariah at the curb! I don't rate a helicopter...maybe an AirSpit!

Posted by: vet66 at April 28, 2009 05:11 PM

Hey, there is one black Crown Vic missing from out front! Watch out Vet66.

Posted by: Manchurian-bubba-hun at April 28, 2009 05:24 PM

All units, all units, this is Outcast One-Five, exercise option Budweiser Run -- DO NOT ACKNOWLEDGE.

Break, break, Coronet Victoria Six from One-Five, evidently your Tacit Raindrop paint job is functioning properly, so no more bogus writeups on the Dash Thirteen to annoy maintenance, or it's back to rooting through Gore's recyclables to crush the crack vials, got it?

Posted by: BillT at April 28, 2009 08:02 PM

Gore recycles? Oh, you mean the tired rhetoric and junk science?

Posted by: Cricket at April 28, 2009 09:29 PM

Why does Sir Michael want to move to the US? All-in tax rate for top earners in NY will be c. 59.9% in 2011 if the supplemental tax to pay for healthcare goes through. Not sure what the figure will be for Cali, but presumably comparable, given it's even more "Liberal" than NY.

Posted by: Nemo at August 6, 2009 09:09 PM

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