Yet another way to be “Un-American”
It describes how I reacted to this article today. The short of it is, Andrew Yarrow, vice president and director of the Washington, D.C. office of the nonprofit, allegedly nonpartisan research organization Public Agenda, says retiring on schedule or early will “suck money out of the economy.” (Must be that “giant sucking sound” Ross Perot was always talking about.) Instead people ought to work a few extra years to put more productivity into our shriveled and battered economic system.
Yarrow calls such on-schedule retirement “profoundly selfish and unpatriotic.”
Here’s my reply. I’m taking off my pants and mooning you, Yarrow.
You want to know what’s profoundly selfish and unpatriotic? It’s the companies that got rich off the labor of their employees and then ditched them, hired barely-competent replacements from India or China or Mexico, and then split to the Cayman Islands with the savings, avoiding U.S. business taxes. It is largely because of those traitorous bastards that the U.S. economy is in the shape it’s in today—that and politicians’ vote-pandering by spending more while cutting taxes.
Yarrow notes that when people work longer, they not only continue to pay taxes and produce additional goods and services to spur the economy, but also slow the growth of the debt.
That debt was not caused by them, Yarrow. It was not caused by rank-and-file workers who worked nights and weekends for less than they were worth, only to get laid off when the company became successful and wanted to go from making profits to making obscene amounts of money by hiring illegal labor.
So, why should they work to pay it off?
How about the people who caused it, reading this right now in their beach houses in Cancun? How about their “patriotism”?
I always love the type of people who are called upon to sacrifice. It’s never people who have anything they can afford to give up.
Further in the article, economist and actor Ben Stein says “things are going to change” vis-a-vis Social Security.
I agree with him there, but then he blows it. He says, “Wealthy people are going to pay much, much, much more tax.”
That’s where he gets it wrong, and proves he doesn’t understand the American political system. Wealthy never pay more tax. The government will just charge it to the credit card of future generations, as it’s been doing for 40+ years. No one has the guts to tax the wealthy. Politicians keep passing the buck while telling us everything’s fine.
By Yarrow’s definition, by the way, I’m very unpatriotic.
And Goddamned proud.