Friday, August 26, 2011

Huntsman: Even the Rich Should Sacrifice.

The ever scrappy son of Utah's richest man Jon M Huntsman Jr. says if he is elected even the rich will have a share in sacrificing in order to get our country back on track. As mentioned in my last post that doesn't include tax hikes -- he's saving that for the "working poor families and seniors". Why do I bother talking about him, he is going to be out soon?

Speaking in an interview with the PBS NewsHour, Huntsman said that potentially means-testing Medicare could be one example of a sacrifice the wealthy could make.

"As president, I wouldn't hesitate to call on a sacrifice from all of our people, even those at the very highest end of the income spectrum," said Huntsman, himself a multi-millionaire. "I'm not saying higher taxes, but there are contributions they can make too."

I wonder why he is doing so poorly in the polls? He wants to tax poor working families, and he is even willing to make the ever deprived rich sacrifice in ways other than tax hikes. What more do Republican's want?

The one thing Huntsman has right is Medicare and Social Security means testing. Social Security is a wreck, maybe one of the best solutions (or beginning to a solution) is to stop paying benefits to retirees who are wealthy enough without Social Security and Medicare. Just as it is wasteful paying the poor for being poor, it is foolish to pay welfare to those who don't need welfare (and lets get real, social security isn't a pension or retirement savings plan)

More on Social Security later.

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