The crushing NY State budget gap has forced Paterson to speak some harsh truths, which may not be to the Obama administration's liking. One of those truths is that taxing the rich is not the answer to economic problems. The same "tax the rich" policies which were the bedrock underneath Obama's campaign, and are at the heart of Democratic efforts to pay for health care restructuring.
In a recent speech, Paterson noted that a "tax the rich" strategy produced negative results for NY State:
This sort of talk will get you fired from the Democratic team of Obama sycophants. As Paterson now is finding out. "Tax the rich" doesn't work, and David Paterson is one of the few Democrats with the guts to say so.Now, early revenue figures suggest that taxing the wealthy more under this year's state budget may have driven away richer New Yorkers. That could make the economic comeback for the state even harder.
"You heard the mantra, 'Tax the rich, tax the rich,"' Paterson said Wednesday at a gathering of newspaper editors at an Associated Press event in Syracuse. "We've done that. We've probably lost jobs and driven people out of the state."
Paterson understands the emptiness of promises to solve budget problems by targeting the rich. Too bad Obama doesn't understand, and wants to fire the messenger, rather than listen to the message.
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I love underdogs. Go Paterson.
ReplyDeleteLimbaugh to Paterson: 'See, I Told You So.'
ReplyDeleteI imagine the Dems' response to be... But, the with the Feds taxing the rich, they won't be able to evade just by moving across state lines.
Perhaps a letter to Mr. Patterson in a show of praise for his stand would be in order and to continue the letters to our representatives telling them it's time to put a stop to the last several months of dirty politics and the attempts to change our country into a socialist government. Stand up for our constitution and write those letters.
ReplyDeleteThe timing of his visit made it seem like he objected to Patterson's decision to defund ACORN contracts with NY.
ReplyDeleteAs a NY'er my opinion of Patterson has been very low, but he's looking a bit smarter. This showed guts and more importantly, he's right.
ReplyDeleteIt would appear the mobility of the citizenry is a real thorn in the side of Democrats and their schemes.
Patterson has the experience that "The One" lacks.
ReplyDeleteHe first came to my attention because of the comments he made when Sullenberger landed his plane successfully on the Hudson river (yes I really did see the spot where it was landed). He said it was a miracle and the wolves bayed about people believing in miracles.... actually that kinda made me like him....
Then, just recently, Patterson has spoken some home truths. He seems to be a man who acknowledges truth, rather than friction.... good for him... wish there were more Dems like him... willing to change their minds and speak truth....
I could be wrong, but when is Paterson's election? If it's coming up, I think this is a ploy to get reelected. Liberals all move to the right when they are running for office. They all know this is a center-right country and they could never in a million years win an election on their truthful adjenda. Look how the liar-in-chief ran and won the election. I do not believe Paterson at all. Just my humble opinion.
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