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Posted by on Oct 2, 2011 in Business, Economy, Media, Politics | 4 comments

Citizen Cain’s 999 Political Whopper

He is good at selling things, and now Herman Cain is outdoing his Burger King and Godfather Pizza triumphs by getting hungry GOP voters to order him up for the White House.

From the bottom of the pack, Cain has surged to third in the national Fox poll at 17 percent, two points behind Rick Perry, after surprisingly eating the Texas governor’s lunch in a Florida straw poll this week.

The political noise is all about Cain’s race, a furor he fuels with the claim that black voters have been “brainwashed into not being open-minded, not even considering a conservative point of view.” To up the ante, helpful Pat Buchanan is adding that Cain is an antidote to Lyndon Johnson, who passed the landmark 1964 law to overcome segregation.

“Great Society liberalism,” huffs Buchanan, “has been devastating for the African-American family…he’s saying that they bought an awful lot of liberal propaganda on the liberal plantation.”

As Tea Party members flock to Cain, perhaps to prove to themselves they are not racist, there has been little serious discussion about his core political proposal, the 999 tax scheme, to equalize personal, corporate and sales taxes at 9 percent.

Catchy, if you’re selling pizza or burgers, but a stale rehash of the flat-tax proposals of the past, which were adjudged to be Neanderthal back then—-a plan that would put Warren Buffet’s complaint on steroids…

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Copyright 2011 The Moderate Voice
  • DaGoat

    As Tea Party members flock to Cain, perhaps to prove to themselves they are not racist

    Similar “white guilt” comments were made about why people voted for Obama. I guess it’s an albatross for black candidates.

  • Allen

    Told Ya.

    Cain is the best in the pack. No I don’t subscribe to his silly “999” plan. In fact we should check to see if this is not scarred into his scalp under the hairline. Could be the mark of the beast. The others simply look like absolute idiots making Mr. Cain look really good by comparison. Perhaps he could become an advisor to President Obama, regarding the selling of ideas.

  • No I don’t subscribe to his silly “999” plan. In fact we should check to see if this is not scarred into his scalp under the hairline. Could be the mark of the beast.

    Wow, Allen made a funny! 😀

    Seriously, the 999 plan is as intellectually dishonest as most other tax-cutting plans. Even a pro-Cain website’s analysis shows a $400 billion deficit, something we can hardly afford. They go on to say, quite happily in fact, that this will be erased and we’ll go into surpluses because this plan will result in 9% annual growth. 9%?? Geez, there’s some unfounded optimism. The highest annual growth rate, excluding the WWII effect as we came out of the Great Depression, has been about 7% for a time during the Guilded Age and again during the 80’s.

    The only intellectually honest approach to tax restructuring would be to make a plan completely revenue neutral, or even slightly on the plus side in revenue to start to close our budget gap. Then anything that comes on the plus side due to economic growth would go straight to paying down the debt.

    Otherwise, it’s more GOP dishonesty.

  • Allen

    Barky-

    I do not believe that cutting taxes spurs growth in any meaningful way. Maybe if the corporate tax rate were 80% without incentives, then cut to 40%, meaningful growth would occur. However history has shown us that cutting taxes is not really that effective. I buy the President Obama infrastructure plan, though I think it should be doubled. All in all, taxes must certainly be raised and limited borrowing must occur, to get people back to work. Infrastructure plans have worked well in the past and cutting taxes has never worked.

    Create an artificial growth, then taper off as the economy transitions, keeping taxes high for debt repayment. Just like in the past.

    As for funnies…well I try, God knows I try.

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