- Ezra Klein comments on the U.S.' doom loop of oligarchy - as accumulated wealth is spent to buy policy intended to benefit nobody other than those who have already accumulated wealth:
On Thursday, the House passed Paul Ryan's 2015 budget. In order to get near balance, the budget contains $5.1 trillion in spending cuts — roughly two-thirds of which come from programs for poor Americans. Those cuts need to be so deep because Ryan has pledged not to raise even a dollar in taxes.- Meanwhile, Jim Stanford documents Canada's own descent into neoliberalism. And Carol Goar highlights how the Cons are doing their utmost to eliminate opportunities for young workers.
As a very simple rule, rich people pay more in taxes and poor people benefit more from services. So if you pledge to balance the budget without raising taxes, you're going to end up making the rich richer and the poor poorer. But Ryan goes further than that: he actually cuts taxes on the rich.
Wealthy people will be even better poised to influence the 2014 and 2016 elections than they were to influence the 2010 and 2012 elections. Now, wealthy people are not a single voting bloc, but most wealthy people would like to continue being wealthy. And so you see bipartisan movement towards policies that protect their wealth, most recently with the Democratic legislature in Maryland voting to eliminate the state's estate tax.
Over time, a political system that gives the wealthy more power is a political system that is going to do more to protect the interests of the wealthy. It's the Doom Loop of Oligarchy, and we're seeing it daily.
- The National Post's editorial board points out the absurdity of the Cons attacking their own appointed Chief Electoral Officer. Andrew Coyne calls out the Cons for turning what should be wholly unobjectionable principles - such as an accurate census and a fair electoral system - into their own political firing line. And Tabatha Southey duly mocks the assertion that Elections Canada is the new Illuminati.
- But then, a party merrily engaged in systemic illegality - such as, say, interference with access to information - figures to have little choice but to try to shout down any investigation which might reveal what it's actually up to.
- Finally, Thomas Walkom reminds us about some of Jim Flaherty's deliberate cuts to important public services including the CBC. And PressProgress charts how Lib and Con governments alike have slashed Canada's public broadcaster over the past three decades.