Tag Archives: supply side

Turkey Tax Theory

For over 30 years I have insisted on cooking the Thanksgiving turkey. I say “insisted”. It is my right as the head of the family. As a man. I decide these things. I know better than anyone else how to cook a turkey, so I take control. End of discussion. (Right, dear?)

I have a very sound theory of turkey cooking. First, you buy a turkey.  Then you cook it. Simple. Common sense.

Of course some folks might look to socalled “experts” when it comes to cooking turkey, but not me. They look in cook books and on line videos and some even ask grandma. But not me. I have a theory and I am sticking to it.

Now, the cookbook “experts” will tell you to cook a turkey at 325 degrees for a certain length of time, depending on the size of the bird. So much for experts. I have been using my own theory for 30 years. Ignoring the experts.

Here’s my theory.  I get a 15 pound turkey. Now, the “experts” say that you should cook a 15 pound turkey at 325 degrees for 3-3 1/2 hours. Balderdash. My common sense theory says  this is a waste of time. I don’t want to wait 3 1/2 hours for a turkey.  So, using common sense and math (Well, a calculator) my theory says this.

Cooking a turkey at 650 degrees will shorten the cooking time by exactly one-half. So, my turkey will be ready at 1 1/2 hours or so. No reason to wait for 3 hours. Simple. To the point. Common sense. A theory any idiot can understand.

I have been cooking Thanksgiving birds like this for 30 years and EVERY year, I mean EVERY year, the turkey ends up charred on the outside, partially cooked on the inside and a smoking mess. There is always a problem with the smoke filling the kitchen and the smoke alarm going off. I solve that easily by opening windows and disabling the smoke alarm ahead of time. Clever. The volunteer fire department is on retainer.

Why does the turkey always burn? For the first 20 years I figured it was a bad batch of turkeys. Not my fault. So I tried every turkey under the sun. I cooked each of the following , in order:

Honeysuckle, Butterball, Jennie-O, Norbest, Shay Brook, Riverside, Foster Farms, Boar’s Head, Plainville Farms, Trader Joe’s , Nature’s Promise, Perdue, Smithfield, Organic Prairie, Carolina, Pilgrim’s Pride, Applegate, Private Selection, O Organics, Cooper Farms.

As fate would have it, every one of these turkeys ended up being defective. They all burned.  They all filled my kitchen with smoke. Sad. Very sad. I thought maybe you just can’t get a decent turkey nowadays.

But then I thought. Wait. Maybe it’s the oven. So, I bought a new oven. Nope. Same problem. No matter what turkey I tried or oven I tried the end product was the same. I know that if only I had the right turkey and right oven my theory would be proven. It is just a matter of time. No amount of evidence can dissuade me from my theory.

Which brings us to the latest Tax Plan.

In 1980 Ronald Reagan had a great theory. A SPLENDID theory. Increase spending on the military. Give money to the rich by lowering taxes and they will create jobs. The economy will BOOM and unemployment will disapper. So, he put the theory into practice.  George H W Bush called it “voodoo economics” and said it would not work. By 1982 the US economy had experienced a recession and unemployment had RISEN to 10.8%. The GDP declined 2.7%. Opposite of the growth expected. Still, despite the evidence, it was a good theory.

In 1990 there was another smaller recession. This time George HW Bush was president. He had run on the slogan of “No New Taxes”. A great theory. Unfortunately circumstances beyond his control led him to abandon that theory and call for “revenue increases” to stabilize spending.  But he still had a good theory.

In 2001 George Bush had a theory. If we cut taxes on the wealthy they will invest in US jobs. GREAT! Wonderful theory. So, Congress cut corporate and individual taxes to stimulate the economy.  And he theorized that we needed to de-regulate big business. Too many restrictions were just strangling these major corporate and financial institutions. So, de-regulate we did. Excellent theory. Of course, it would take a few years for the effects to be felt. But the theory was sound.

And the effects were the biggest recession since 1945. Growth tanked to a negative 5.1%. Unemployment rose to 10%. Big money investors with all that extra capital did not create jobs in the US. Deregulated financial institutions simply made bad loans with investors money and went bust. (Well, they didn’t go bust, they got bailed out. Another theory. Too big to fail… even when they do).

When President  Obama left office unemployment was about 4%. A relatively stable rate. And there were no Obama-era recessions.So, the economy is back on track and continues to chug along. No reason to tamper with it.

BUT, we need to follow theories, not evidence. So, Congress is proposing the biggest tax breaks ever while proposing a massive increase in military spending . In 2015 the USA spent more on the military ($ 597,000,000,000 that’s billion) than the next 10 nations combined. The US spent more than the total spent by China, Saudi Arabia, Russia, UK, India, France, Germany, Japan, S Korea and Brazil…COMBINED). This is not to suggest the US does not need a strong military, but this seems a bit excessive. Spend more, take in less. Voodoo economics, anyone?

So, once again we are following a theory that has been shown to have no evidence supporting it, IF the goal is a stable , fair economic system. But the theory sounds pretty good.

For my part, I continued to use my theory to cook my Thanksgiving turkey. Despite the naysayers. OK, so it got burned again this year. No turkey for Thanksgiving. On the positive side, my wife has made a standing reservation for Thanksgiving at Hop Sing’s Chinese Restaurant.  She is  no theoretician. And I am developing a taste for Mu Shu Pork.

http://www.butterball.com/how-tos/roast-a-turkey

https://www.ranker.com/list/best-turkey-brands/ranker-shopping

https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes

https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

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The Reagan Babies

When I was a tyke going to school in a medieval Catholic dungeon I learned about the Pagan Babies.

We would bring in our pennies on Friday and Sister Attila of the Holy Order of Terror would collect the coin. Our little coppers were going to be sent to some missionary in Africa to help convert the “pagan babies”. These little babies evidently had not gotten the word about the all-merciful god. Our job, as little Catholic babies, was to save them.

Whether the money actually went to Africa or to the Vatican I don’t know. Our second grade class did not hire a CPA to check the books. Maybe the load of coppers  went to fund  Sister Attila’s  “Bloody Mary” stash. Perhaps the pennies fed the local liquor economy. Either way, a good cause.

The thing about these Pagan Babies living in Africa was this.

They were ignorant. They were hapless and hopeless. They did not know the truth. They were condemned to a life of squalor and prejudice and stupidity. We pitied them. We felt sorry for them. They knew only what they had been taught. Narrow minded . Ignorant. In the dark. What would  happen when they reached adulthood? How would this ignorance manifest itself?

Which brings me to their American counterparts. The Reagan Babies.

The Reagan Babies were brought up in the 1980s. They were brought up on the mantra that “government is evil” and “greed is good”.  They were told that poor people are poor because they are lazy. And the rich are wealthy because they deserve to be wealthy. They were told that labor should be cheap. Black people are criminals. Most of all, that working people should not have rights.

They were brought up to worship a god that demands obedience and fear. An intolerant, political god who builds hells here on earth for the “fallen” called prisons. And builds “wealth” by buying out real businessmen who actually build real businesses. Then stripping them and selling off the parts. A god that tells us that society is bad. People should not care for each other. The god of the Old Testament.

These Reagan babies have now become politicians. Roughly in their forties . They have achieved power. They want to destroy Social Security. They want to destroy the Civil Rights Act. They want to destroy unions. They want to destroy the concept of a public education for all. Most of all, they want to destroy the very idea of a “social contract”. And they have had some degree of success. The Rubios. The Cruzes. The Ryans. The Brownbacks. The Scott Walkers. The “young studs” of the Republican Party. The Reagan Babies.

We donated out pennies to save the Pagan Babies from ignorance . The Reagan Babies cannot be saved. They have been been taught a narrow view of life. They have been taught to embrace authoritarianism of “supply side” economics and an intolerance for the non-believer. They have been taught that the very concept of “society” is bad. No one is his brother’s keeper. They have come of age and now we are reaping the rewards of Reaganism.

The irony, of course, is that the Reagan Babies are supported by many of the very people they hold in contempt. Working Americans. Older Americans. True believers who  keep sending their hard earned pennies  (and votes) to the Reagan Babies.

Even as 2nd graders we would not have fallen for that scam.

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Toto, We’re Not in Kansas Any More

(In 2012 GOP Governor Brownback of Kansas pushed through the “Great Conservative Experiment”. Bringing the architect of the “supply-side” economics theory, Laffer, he proposed and got massive tax cuts for business and the wealthy, coupled with reduced public  support for the poor along with cuts to education. A conservative’s dream state. It was the experiment that would prove, once and for all, that “supply side ” policies were destined to be a great success…. They have been a massive fiscal disaster)

https://www.washingtonpost.com/politics/in-kansas-gov-brownbacks-reelection-race-is-case-study-in-republican-party-shift/2014/07/30/3192d86c-1420-11e4-8936-26932bcfd6ed_story.html

http://www.kansas.com/news/politics-government/article62557137.html

Aunt Em: I think she is finally waking up ! Dorothy, get up,  dear. Time to go to work.

Dorothy: Oh, Aunt Em. I had the strangest dream.

Aunt Em: Well, dear, time to get up and go to work in  the poultry plant. Those chicken wings don’t detach themselves.

Dorothy: Work? Chicken wings? Aunt Em, I don’t remember. I had the strangest dream that I visited a new land,  the land of Oz.

Aunt Em: Now, Dorothy.  You simply overslept. Now get your butt out of bed. We need the extra income.

Dorothy: But, Aunt Em. My dream. I dreamed I found myself surrounded by little men with little minds  and squeeky voices.  They were singing about “following the supply-side road” to wealth and fortune. But I kept going in circles. The road lead to nowhere.

Aunt Em: Oh,  that was no dream. That was the Knsas State Legislature, dear. Don’t you recall? They had to close all the roads except the ones leading directly to the chicken processing plant.

Dorothy: Then I dreamed I met a man who had straw in his head instead of a brain. He was silly and stupid. He flopped around and made no sense at all.

Aunt Em: Oh, Dorothy. That was the head of the Department of Education. Don’t you remember? The schools all had to close early because the state ran out of money for silly things like books and teachers. It is all part of the “great experiment”. It will be fine.

Dorothy: But Aunt Em, he didn’t even know what evolution was! And then I met a man who looked like a lion but was scared of everything. He cowered at the mention of the Wizard of Oz. Pathetic.

Aunt Em: You must mean the old Democratic Party. Oh dear, they certainly lost their courage.

Dorothy: Well, what about the man I met without a heart. It mean, he must have been part of a dream. A heartless man. No man can live without a heart, can he?

Aunt Em: Well, Governor Brownback came to town last week to proclaim “Cowboy Day” in honor of the ranchers who avoid paying federal grazing fees. There is no evidence that he has a heart.

Dorothy.: Then, in my dream,  we  walked all the way to the capital and saw this massive building. Covered with emeralds. And I went inside and saw the Wizard of Supply Side. He told me everything would be OK. Just keep working and don’t worry about the budget deficit. Don’t worry about school. Don’t worry about health care. It was final. He had spoken.

Aunt Em: Don’t you remember, Dorothy? We were going to take you on an ocean cruise across Kansas but the Lollipop Guild had taken away our lavish food stamp allowance. So, we went to see the Wizard for help. We DID go see the wonderful Wizard.

Dorothy: Well, what did the Wizard do?

Aunt Em: He told us to drop you out of 9th grade and get you a job. He told us that if you get sick you should “suck it up”. He said never ever use dirty words like”unions” or “climate change”. The great and powerful Koch had spoken.

Dorothy: Aunt Em, I am sick. My brain hurts. I need to see a doctor.

Aunt Em: Sorry, dear. We lost our health care when your uncle got fired for supporting abortion rights. You’ll just have to hope for the best. I am sure the Great Experiment will work itself out. Now, get on your bike and head for work. Those chicken parts are waiting to be sorted.

Dorothy: Look, Aunt Em !! A twister is coming right at us. A big one!

Aunt Em: Quick, Dorothy, into the storm cellar. … Dorothy! Where are you going?!

Dorothy hops on her bike with Toto in her basket and starts peddling frantically. Directly TOWARD the massive tornado.

Dorothy: Good bye , Aunt Em. I have my future to think about. Between living a decent life in Kansas and the twister, I like my chances with the tornado.

 

 

 

 

 

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