Tuesday, April 26, 2011

Casino Economics and Protecing the Rich

In defending the richest Americans from possibly taking part in the shared sacrifice needed to right the United States, conservatives are banking on Casino Economics in hopes that they can convince a majority of Americans to protect a tiny minority who needs little protection.

In Casino Economics conservatives use the hope that most people share that one day that they too shall be rich, just as casinos use the belief that many people secretly share that they are going to be the lucky one that hits the jackpot.

But just as in the casino where the House wins most of the time and everyone else goes home with less money, conservatives are hoping that if they can convince people that they too might one day be part of the top 10 or 1 percent and so taxes need to be low when they get there. As a result people tend to squander their vote on candidates without their interest at heart.

There's nothing wrong with hope and with hard work people can work their way up the economic ladder, however in all likelyhood most people are voting to make themselves poorer rather than richer. Everyone has heard of someone who has "won" and think they are next. Unfortunately they probably are not.

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