(Bloomberg Businessweek) — Alexandria Ocasio-Cortez might not have seen eye to eye with Joseph Overton, the late free-market advocate. But she has a firm grasp of the concept for which he is best known: the Overton Window. The term refers to the range of ideas that are at any given time considered worthy of public discussion. Thanks largely to her, the Overton Window on tax rates has just been moved significantly to the left.
Ocasio-Cortez, the mediagenic 29-year-old from the Bronx, N.Y., is the youngest woman ever elected to the House of Representatives. In an appearance on 60 Minutes with Anderson Cooper that aired on Jan. 6, she was talking up the Green New Deal, a plan to move the U.S. to 100 percent renewable energy by 2035. Cooper challenged her by saying the program would require raising taxes. “There’s an element, yeah, where people are going to have to start paying their fair share,” she replied. Asked for specifics, she said, “Once you get to the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent.”
Seventy percent! For perspective, the top rate under the tax law that passed in December 2017 is 37 percent. And now, suddenly, a number so extreme that no one in polite society dared utter it became a focal point of debate. Ocasio-Cortez’s fans—she has 2.4 million followers on Twitter alone—loved it. Some pundits dug up economic research defending rates in the 70 percent range. Others pointed out that Ocasio-Cortez was actually lowballing the historical comparison: Top rates were 90 percent or higher as recently as the 1960s. Defenders of low tax rates heaped abuse on her, which backfired on them by inflaming her supporters.
Alexandria Ocasio-Cortez Is the Darling of the Left, Nightmare of the Right
What Ocasio-Cortez understands is that getting an idea talked about, even unfavorably, is a necessary, if insufficient, step on the path to adoption. (President Trump also gets this.) “It’s the easiest thing to say, ‘No, we can’t change anything,’ ” says Eric Foner, a Pulitzer Prize-winning historian who recently retired from Columbia University. “Most of the big ideas in American history started among radical groups who were told, ‘No, you’re never going to be able to achieve that.’ ” Foner sees parallels between the strategies of today’s left-leaning Democrats and the radical Republicans who fought slavery before the Civil War, “which was put out an agenda, be aware that you can’t just accomplish it all at once, obviously, but change the political discourse by pushing your agenda and then work with those who are willing to do some of it.”
Ocasio-Cortez was actually less radical than she could have been on 60 Minutes. She passed up the opportunity to move the Overton Window on another of her pet issues: budget deficits. She adheres to a doctrine called Modern Monetary Theory that’s catching on among young, left-leaning politicians and older policymakers alike. Its counterintuitive core idea is that deficits don’t matter if you borrow in your own currency, just as long as they don’t cause inflation. Unless the economy is at risk of overheating, MMTers say, paying for a new government program doesn’t require cutting another or raising taxes.
Ocasio-Cortez could have said, “No, Anderson, we wouldn’t need to raise taxes to pay for the Green New Deal. But I want to raise taxes anyway, because I believe in redistributing money from the rich to the poor.” That really would have lit up the internet. Randall Wray, an MMT theorist who’s a senior scholar at the Levy Economics Institute of Bard College, wrote in an email that he was “a bit disappointed” that Ocasio-Cortez connected tax hikes to the Green New Deal. Stephanie Kelton, another MMT theorist and Bernie Sanders’s economic adviser during his race for the Democratic nomination in 2016, says she thinks reducing inequality is the real reason Ocasio-Cortez favors higher rates on the rich: “It’s kind of a recognition that levels of income and wealth inequality parallel those of the 1920s.”
A film documentary covering actual court cases and law suits, about what has been going on in the media, how soon to be “Boy Scout Leaders” were pushing their (according to the bible) “Sexual Perversions” on the rest of the world, comes a bit late in the game.
Isn’t that called “a day late and a dollar short”.
Still a good watch for those that want to understand the power of the media to influence a culture even away from the Bible, which America was based on originally.
Release Date: June 5, 2015
Director: Amy Berg
Writer: Amy Berg, Lorien Haynes, Billy McMillin
Cast: Todd Bridges, Joey Coleman, Marc Collins-Rector, John Connolly, Michael Egan III, Corey Feldman, Michael Harrah, Evan Henzi, Brian Peck, Brock Pierce
Plot: An investigation into accusations of teenagers being sexually abused within the film industry.
105 year old Texas based Boy Scouts, that teach young men the morality taught in the bible, seeking to avoid fallout due to Supreme Court’s decision to allow all Bible believing businesses to be dismantled by endless law suits from people who do not follow the Bible outlined morality that leads to life.
Disney to pull funds if Men who like sex with males are not allowed to raise your boys in their image.
Churches to pull their funding if Men who like sex with males are allowed to raise your boys in their image.
Congratulations, plenty of fresh meat now eh?
History buffs, sound familiar? Does history really repeat itself as it always does?
Read about the downfall of the Roman Empire…
ISIS to Christians… “there is nothing to give them but the sword.”
Throughout northern Iraq, Christians are hunkered down in refugee camps, trapped in the desert, or in their homes, awaiting death.
Despite the presence of Christians in Iraq and Syria for two thousand years, today they face extinction in this region.
Canon Andrew White, head of the Anglican Church in Iraq “It looks as though the end could be very near,” he told the BBC.
Last week, Christians were warned to either leave the city of Mosul and other areas under Islamic State control, or they would have to pay a tax or be put to death.
The group, Human Rights Watch, reported on July 14 that homes in Mosul were painted with red letters to indicate homes of Christians.
Those Christians who have escaped have reported being deprived of all their belongings but for their clothing. Escaping Christians were forced to pass ISIS checkpoints at town edges who also and additionally confiscated jewelry, money, automobiles, even food and water. As they left they were warned “don’t even dream of returning.”
ISIS / Islam is very clear on this deal. For those who live under the rule of a fundamentalist Islamic state, the options are laid plain and simple. Run, convert, pay a fine, or be put to death. There will be no coexistence.
Like the Nazis only a few short years ago, ISIS is glorifying and reveling in their killing and believe with all sincerity that they are doing the work of Allah. Nobody is immune, fathers, mothers and children are being rounded up, beaten, beheaded or otherwise killed.
WARNING GRAPHIC IMAGES FOLLOW, VIEW WITH DISCRETION. Many viewers will find these images VERY disturbing.