As usual, the presidential campaign is getting bogged in the discussions of feel-good non-issues.
It’s obvious that nobody is going to deport 11 million illegals. The cost and the logistics of that would be insane. But there is a huge number of simpletons who are choosing not to notice that any discussion of the mass deportation is a con man’s trick of distracting a mark while reaching into the poor sod’s pocket.
The same purpose is served by the endless discussions of the need to raise taxes on hedge fund managers. I could care less about hedge fund managers. Tax them to the gills, deport them and their anchor baby, track them like FedEx packages – whatever. But don’t talk about raising their taxes like it’s going to change the world.
There are about 7,000 hedge funds in the US. Many of them will go bust this year. Most of them don’t make that much money at all. Raising the taxes on the salaries of their managers should definitely be done but it’s not going to make a major difference to anything.
Easy recipes do not exist. The politician who offers you one is reaching into your pocket while you are distracted with the shiny bauble of a cutesy slogan.
By the way, have you noticed how all these feel-good easy recipes are about inflicting pain on somebody who is supposedly depriving (“robbing” is always the preferred term) you of something? The con man politician needs to convince you that somebody else is robbing you so that you don’t notice that it’s what he’s doing.