On ABC, CBS, and NBC's morning political chat shows Mr.
Christie was repeatedly said that the point of Mr. Romney's tax plans was to
assure that every American had "skin in the game." This was his rational
for supporting the tax rate cuts that the Romney-Ryan plan would bring into
being.
Forget for the fact that he never addressed how cutting
taxes by over eight billion dollars would do anything to reduce the deficit; he
kept saying that by cutting the tax rate for the top 1-2% of all Americans we
were somehow getting all Americans some skin in the game.
If everybody really had skin in the game then everybody
would benefit from the economy when it was good and would suffer when it was
bad. The problem with the ever-expanding divide between the top and the bottom
of the scale is that it has obliterated this particular facet of the whole
"skin in the game" fallacy. By vesting all of the benefits of the
good economy in the super wealthy and lading the lowest factions of the
workforce with responsibility for maintaining the production that drives the
economy you essentially insulate the super wealthy from the bad impacts of a
downturn while giving them the boon of an upturn.
This is essentially the opposite of the whole "skin in
the game" concept. The super wealthy have no skin in the game! This is yet
another attempt to justify the whole disproved trickle-down concept. Don't fall
for it!
Wherever you are today I hope that you have skin in the game
and that you will benefit from it!
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