I find it pretty amazing you don't know enough about Rand Paul... when are you gonna know?... and why don't you know?
the guy is a complete joke
we don't need to be electing people to government who HATE government
"smaller government" is just a code word you repeat from the haters of government
among all the idiotic things we know about Rand Paul he also wants to give more money to the wealthy at the expense of the middle and lower class
SAN FRANCISCO -- In a ballroom at the Olympic Club, a grand, early-20th-century building at the foot of Nob Hill, Senator Rand Paul, Republican of Kentucky, pitched a gathering of venture capitalists last week in an effort to show them that he may be the next big thing....
The senator last week talked up his plan for a 17 percent flat tax, a hit with the high-earning crowd. Paul's flat-tax plan doesn't just drastically reduce progressivity, and thus transfer more money to the already wealthy. Paul's plan, like the Ryan plan, also eliminates all federal taxes on capital gains, dividends, and other forms of investment income. And it eliminates the Department of Education. Paul's various budget plans over the years have contained massive cuts to pretty much every program that helps the non-wealthy.
So what the rich Rand Paul fans in Silicon Valley favor is an economic system that makes it harder and harder for America to produce precisely the sorts of ventures that venture capitalists capitalize. If America's schools are underfunded and the middle class is narrowed by the slashing of government programs, then fewer and fewer young Americans are going to be able to emerge from childhood in any kind of position to generate the ideas that make fortunes. Every kid who goes to primary and grammar schools that used to work but will now be in a state of deterioration is lost. Every kid who once would have been able to work out college financing but now can't is lost. Every kid whose family's savings get wiped out by the cost of illnesses formerly borne in part by Medicare and Medicaid is lost. And meanwhile, the heirs of fortunes keep more and more of those fortunes.
That's what's Rand's fans in the Valley want, I guess -- less and less economic dynamism, less and less churn. They made their fortunes already from "disruptive" new ideas; now, I guess, they'll just sit on what they have, and be happy if there's no more disrupting at all. Right?
Posted by Steve M. at 10:04 AM |
