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Rep. Joe Knollenberg is a Republican — from Michigan, naturally enough for the auto bailout — who believes that tax money doesn’t come from taxpayers. “It’s not your money,” he tells Neil Cavuto. It belongs to Congress, and they’ll do whatever they want with it. And what they want to do is take it from taxpayers to “prop up” failing businesses instead of forcing them to become competitive.
This is nothing more or less than Republican redistributionism. We criticized Barack Obama for this during the campaign, but we see here the GOP version of the same kind of flabby, European-style Social Democrat policies of government intervention in markets. The only difference is the beneficiaries. Obama wants to take money from those who succeed and give it to those who don’t on a class basis, while Knollenberg and his ilk want to take money from everyone and subsidize corporate failure.
Small wonder that voters chose Obama’s version of redistributionism over Knollenberg’s in the last election.
Precisely the point, Mr. Morrissey. Voters lacked a clear choice between McCain and Obama and went with the good looking young guy rather than the old curmudgeon. It may have been that simple in the end.