John Ransom

It’s apparently cool for the cool kids to think that Grover Norquist is a dweeb.

Yes, the guy who has been warning all of us about the untenable nature of the federal tax-and-spend system, the guy who came up with the novel idea that the Republican Party should actually stand for something- and be held accountable for campaign promises- is in trouble now.

Prior to the election, the reason why politicians like Barack Obama and Lindsey Graham trimmed their sails to the political winds in the first place and extended the Bush era tax cuts was because a guy like Grover Norquist stood in the way. He worked tirelessly to get politicians to say what they mean and mean what they say on taxes.

He was a man with a message, educating Americans about how tax policy corrupted public policy in general. He told them that there was no pain-free way of growing government and government spending. That, in fact, raising taxes always comes at the expense of lower growth in the private sector.

And politicians were loath to cross him because he was right. Lower taxes means general health for the economy.  Higher taxes, as even Obama has acknowledged in both words and deeds, comes at the expense of the general welfare.                  

But then a funny thing happened.

Obama got three million more votes than the last GOP candidate who was soft on taxes. And the result is that somehow another miracle has been performed by the One.

By virtue of those votes, the laws of economics have changed.

Yes, those who were opposed to tax increases as ruinous to our economy- including Obama- now say they aren’t ruinous at all.

Tax increases can be pain free to everyone, except those people who already pay the most in taxes. And who cares about them?   

So, now that the second worst presidential candidate in the history of the world has again defeated the worst presidential candidate in the history of the world, the media- who seems to get their talking points from the folks who write for Susan Rice- are telling us that only some tax increases are bad.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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