Tuesday, April 14, 2009

Teabagging



Tomorrow is the day when the conservative anti-tax protests will take place. They are now called tea parties, which is a take on the Boston Tea Party. These current tea parties are just against being taxed, not against taxation without representation.

What strikes me as oddest about these protests is that almost everyone I speak with these days has at least one family member who has been laid off or lost a job, and many people have more than one person in that hole, or the others are being asked to take pay cuts. At the same time, people are not buying, not consuming, and firms go bankrupt. To add to these contracting forces less spending by the government would work wonderfully well if you want to make the record books as the Greatest Depression ever. But I guess it's easier to think very short-term and selfish thoughts in that respect.