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The Curley Effect does not yield Moe wealth

6/4/2016

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This piece by Mark Hendrickson in Forbes completely nails the Obama approach to destroying wealth, undermining small businesses and individual independence as a means to political domination. Specifically, he is implementing at the national level the "Curley Effect", which is a 'political strategy of “increasing the relative size of one’s political base through distortionary, wealth-reducing policies.”'

Here's how our Corporatist in Chief plays it:

"Everything Obama has done has been designed to strengthen Democratic constituencies (e.g., stimulus spending steered predominantly toward unions and strategically allied state and municipal entities; waivers from Obamacare for unions; a hefty 23 percent increase in the Index of Dependence on Government during Obama’s first two years) and to weaken Republican constituencies (e.g., making small business formation more difficult by impeding venture capitalists; refusing to amend Sarbanes-Oxley; using Dodd-Frank regulations to discourage loans; fewer waivers from Obamacare; proposing lower tax rates for large corporations, but not on the “S” corporations that are the preferred choice of small business owners; constant efforts to raise taxes on the “rich”—which means, as we’ve seen in Detroit, California, and other Curley effect victims, higher taxes on the middle class)."

Exactly.


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    Kevin Terrell

    Sure, e-books have a place in the world. I just prefer real ones, in order to make the job a bit harder for any real life Winston Smith who might be out there.

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