A satire of dysfunctional politics and economic disparity.
Chapter VIII: Day/Page 83 CONTINUED FROM YESTERDAY. . . . In one notable case a right-handed proposal was made which unfortunately engendered broad support and ardent endorsement from a significant majority of those on the left. In other words, the proposal got what long ago would have been called “Bi-partisan support.”
Well, you can imagine what happened—the hapless, traitorous guy from the right who had unwittingly come up with the bi-partisan plan had no choice but to first pillory his own idea in public, and then vehemently stone it to death in front of the crowd. But, to his credit, and many of his right-handed colleagues proudly congratulated him on it later, he was the first to cast a stone at his own idea, and he did so with greater force, and more zeal and enthusiasm than any of the others.
This greatly elevated his status among those from the right-hand side, who saw in his selfless gesture the same unflagging commitment as Abraham had shown Isaac on a different world. So much so, that several others on the right tried to emulate what the bold, committed visionary had done, by flaying and filibustering their own proposals, too. But they were never quite able to pull it off with the same flair and panache as the first. An original, it seems, is always hard to copy; even when it is a case of pure, unadulterated hypocrisy.
And so, by and by, as general contempt for government rose, and the right-handed side gained more power, new proposals were enacted that augmented and enhanced the effects of Dribble-Down Theory. The old anti-development, left-leaning law mandating all employers to pay a minimum wage, so that those working full-time could survive, was repealed and replaced instead with a new pro-business, right-leaning law that outlawed unions and collective bargaining.
Why, the right argued, should companies be forced to pay a minimum wage, or allow workers to join and demand higher pay, when both of these actions clearly worked counter to the objectives of DDT, by reducing the amount of money the rich had to invest, and increasing the money the poor had to spend. Investing is always better than spending, anyone with half a brain knows that, so, in order for DDT to work unimpeded, as much money as possible needs to be kept in the hands of prudent investors, and out of the hands of simpleton spendthrifts.
Additionally, in order to give the effects of DDT even more punch, a real knock-out blow, if you will, the right-handers also lowered taxes for the wealthy One Percent to rates that were significantly less than the rates paid by others. But this was done, the Alpha-dogs and their lackeys maintained, not out of unmitigated greed, as some leftist know-nothings had suggested, but rather from the Alpha’s earnest desire to ensure that ever-more money was poured onto the tip of the economic heap where it could be judiciously invested in speculative, job-creating ventures that would ultimately lead to a few more drops dribbling down. It was done for the benefit of all, they said, not for the avarice of some. Giving money to the plentiful few was good for the penurious many.
Details of how that specifically worked were hard to come by. And some of the leftist detractors even pointed out that during the lives of their grandparents the tax rates on the rich were more than double what they were today, and that instead of retarding development, as those on the right claimed, it had actually been a period of unparalleled economic growth and prosperity, with the wealth of the nations . . .
TO BE CONTINUED TOMORROW
This book is a work of fiction. Names, characters, businesses, organizations, places, events, and incidents either are the product of the author’s imagination or are used fictitiously. Any resemblance to actual persons, living or dead, events, or locales is entirely coincidental.
Copyright © 2013 by Gregory James All rights reserved