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June 15, 2010

Re: Trying To Understand The Tea Party I

More on the Tea Party. From conservative blogger, Andrew Sullivan on the economic front, what he thinks is a pragmatic conservative response and puzzling out the Tea Party.  While agree with his list, I'm sure we might disagree on where the cut lines are!  But I think he needs to add: cutting the tax credits that serve no public good other than to subsidize some business or industry.

I confess to staying baffled by this whole movement. I spent many years wailing about spending under Bush, and the Tea Party was largely silent. I'd like to see serious cuts in entitlements, means-testing of social security benefits, and sharp reductions in military spending ... to avoid the default that could one day come when we least expect it. The Tea Party has proposed no such entitlement cuts - let alone defense. Because taxation is historically low, and because we're never realistically going to tackle the debt without more revenues, I also favor some tax increases - on carbon, and on consumption. The Tea Party is opposed to any new taxation. So at that point, I don't know what to do. I don't know how to respond. Do I share a generalized frustration with a government that takes away half my earnings every year? Yes. Does an intervention to ease a huge market collapse drive me nuts? Sorry, but: no. Neither does a modest attempt to provide some subsidies to help millions get access to affordable healthcare at a time of extreme economic insecurity. Call me a Marxist, I guess. But I have yet to see anything in Obama's first eighteen months to convince me of a need for conservative rage.

via andrewsullivan.theatlantic.com

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