A Sham
Times Union
Harry
Rosenfeld’s Op-Ed of 5 June (Congress must undo
tax-cut sham) was a little unclear. Must Congress undo
it because it returns more than the promised $1.3
trillion? Must it be undone because it returns less than
advertised? Or must it just be undone?
At
one point Mr. Rosenfeld tells us the whole thing is a
sham. Either the promised tax relief will be delayed,
postponed, or of such short duration as to be
meaningless. The more cynical among us will agree that
the word "sham"
is only to be expected from our political class. Some of
us remember the big deal about the "balanced budget
agreement"
of ‘97. Not surprisingly, Congress has ignored this
agreement –
just another sham many of us are not aware of.
At
another point Mr. Rosenfeld implies too much money goes
back to those who earned it and the government will run
a deficit. But some of us believe that the government
habitually runs a deficit no matter how much tax is
collected. There are some who will suggest there is no
surplus to give back –
the surplus is a sham. Older folks will remember the
Social Security program as a retirement account – a trust fund - to which they
and their employers sent vast sums. Unfortunately, the
‘trust’
fund can’t be trusted because it’s gone. It was
replaced with IOUs which themselves are repaid with
cheaper printed money, thus robbing all savings not just
those of the old. Many of us remember the ‘War On
Poverty’
that promised a "Great Society only to greatly
increase crime and poverty instead. A few remember the
vast sums paid into government health insurance programs
in order to reduce the number with no health insurance
only to see that number greatly increase instead. What
about the HUD promise of better housing for the poor
which many taxpayer gladly paid for only to now have
expensive projects torn down as community failures? How
about the expensive sham called ‘War On Drugs’?
Or what about pouring ever more tax money into failing
public schools only to have kids learn less?
Mr.
Rosenfeld may not have been all that clear about his
hopes for tax relief, but like him, we should all wonder
how much of government is a sham.
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