Tuesday, May 1, 2012
Wednesday, April 4, 2012
"Make It Rain" Economics
“If
you got money, and you know it
Take it out your pocket and show it
Then throw it like
This a way (uh huh)
That a way (uh huh)...”
Take it out your pocket and show it
Then throw it like
This a way (uh huh)
That a way (uh huh)...”
Those
were the words that I heard blaring from the stereo of a late model
Chevy Impala on my drive home one day. The car had two
distinguishable characteristics. It had huge wheels with spinning
rims, and a paint job that depicted an epic battle between the
Teenage Mutant Ninja Turtles and
their main nemesis Shredder (seriously,
you can't make that shit up). The wheels were so large in comparison
to the size of the car that it looked like a giant roller skate.
Once
I got past the aesthetics of the vehicle, I started to think about
the lyrics of the song that I heard. They were contrasted with what
was emitting from the speakers in my car. I was listening to “All
Things Considered” on National Public Radio.
The story was about the Republican primary election. The two front
runners, Mitt Romney and Rick
Santorum, were debating the practice of trickle-down economics during
the Reagan administration in the 1980's. They both took turns giving
a metaphorical hand job to “The Gipper” (a literal one would be
deplorable and really hard to do without access to a backhoe). They
also shot many a verbal arrow toward Barack Obama and his 2008
campaign comments about how the “old
trickle-down theory has failed us."
A
quick explanation of the the trickle-down theory is as follows: It is
an
economic theory which states that investing money in companies and
giving them tax breaks is the best way to stimulate the economy
(www.investopedia.com).
In the 1980's, “Reaganomics” was born. It took that theory and
expanded it to include decreased social spending, increased military
spending and the deregulation of domestic markets. Basically, it
said that if you lower the taxes for corporations and the higher
income earners that run them, eventually the money will
“trickle-down” to the consumers and other people with lower
incomes.
The
opinion of Barack Obama and many other Democrats is that the theory
is flawed and is only “thinly veiled social Darwinism.” This
being NPR,
they showed a thinly veiled bias toward the Obama camp on the
subject. Obama went on to aim his comments at Rep. Paul Ryan
(R-Wis) by saying, "For much of the last century, we have been
having the same argument with folks who keep peddling some version of
trickle-down economics," He said, "They keep telling us
that if we'd convert more of our investments in education and
research and health care into tax cuts, especially for the wealthy,
our economy will grow stronger." That being said, I don't
really have anything to say about the discussion or rhetoric.
However, I do have an idea of my own.
I
call it the “Make it Rain” theory of economics. Instead of
giving tax breaks to corporations or on the capital gains that
investors have received since the 1980's, I propose we give tax
breaks to monies earned from rap record sales. No other subset of
American multimillionaires has shown a similar affinity for spending
money on goods and services with reckless abandon. I return to the
words of Lil' Wayne in his song “Got Money.” If he has more
money, he will most surely know it, and he will in turn take it out
of his pocket and show it. It will “trickle-down” as he “makes
it rain” this a way and that a way (uh huh).
Once
the “make it rain” tax policy is enacted, a satisfied young
gentleman named Soulja Boy will wake up the next morning, hop up out
of his bed, turn his “swag on”, take a look in the mirror, say
“what's up” and announce to his accountant, “Yeah, I'm getting
money!”
The
industries that would see the quickest jump in consumer activity
would be jewelry stores, strip clubs and car dealerships. “Big
timers” will fill their closets with Gucci suits, gator boots and
Coogi sweaters (ironically, the Big Tymers will have moved on to more
expensive brands). More precious gems and metals will be invented by
alchemists. Their funding will come from the likes of Jay-Z and
Kanye West. They might have “99 Problems”, but a luxury tax
wouldn't be one. Sales of Escalades and Hummers will skyrocket, and
the American companies that make them will need to hire new employees
to keep up with the demand.
The
economic effect will be immediate and sustained. That is, until we
experience a downturn in the country's interest in rap music. At
that time, we may have to expand it to include the earnings of boy
bands. Hopefully that cycle is at least another fifteen to twenty
years away. I'm still getting those N'Sync songs out of my head from
the last great musical depression.
I
just solved the economic crisis, you're welcome. Vote D3P in 2012!
Sunday, April 1, 2012
April Fools... You're Adopted!
Alcohol is like a slow working truth
serum. It gets the same effect as sodium pentathol, but with less
than guaranteed results. I have seen it work wonders though. One
such occurrence was a year ago today; when a group of people came
into the bar where I was sitting, enjoying a quiet drink. They were
already pretty well saturated with what smelled like whiskey-based
truth serum. They were close enough to me that I could identify the alcohol
they were drinking, and therefore they were also close enough for me
to hear their conversations. The combination was sure to bear fruit.
There were two rather tall members of
the group that were perched directly to my right. One was a skinny
fellow who was wearing a Foxy Shazaam t-shirt
and skinny jeans. He was extremely demonstrative with his
hands and his facial expressions followed suit. The other was a more
burly type, who stood about 6'5” tall. His hands stayed still on
the table, and his thick black beard hid any smile or frown that he
could conjure up.
The skinny guy's name was Tom, and he
was the more visibly intoxicated of the two. He was also the one
doing most of the talking. He was discussing his recent failed
relationships, his disgust with his current job, and pretty much just
complaining about his entire life at that moment. The odd thing was
that he was making all of these sad comments and observations with an
ear-to-ear smile pasted on his face. The bearded gentleman was like
a hairy statue, whose sole purpose in the “conversation” was to
listen and occasionally nod his head to show he was still awake.
Tom continued to express his loathing
for his boss at work. He talked about how he was simultaneously an
arrogant prick and a know-nothing micro manager. Tom spoke about the
women who had left him for other men in the recent months. One girl
broke up with him because he was “too clingy” and the other said
he “never wanted to spend time with her.”
I thought to myself, “Either he went
from one side of the spectrum in women he dated, or he over
compensated in his approach to being a boyfriend.” Either way, I
felt like this conversation was building up to something worth
hearing. I was right.
Tom quickly changed course, and became
exponentially more adamant about his new line of verbal assault on
the ever listening ears of his bearded friend. They shared a round
of Jagermeister shots, and Tom got to his new point. He said, “And
today is my birthday. God damn it, it really sucks having April 1st
as a birthday!”
His bearded brother said, “Oh yeah, I
knew that. Is that why you called me to meet you up here?”
Tom interrupted him, “Yep, but that
is only part of the story. Today my parents told me I was adopted.
I thought it was yet another April Fools joke for my birthday.
Unfortunately, it was not.”
His friend could only say, “Wow,
dude. That sucks.” His friend was good at growing a beard, but
really not so skilled in the art of empathy.
Tom jumped back in, “Yeah, they
basically just said, 'Happy birthday son, your biological parents
didn't want you. Have some cake.' I didn't know how to respond.”
I wished I had some sort of way to
interrupt their conversation and supply Tom with some support, or
maybe act as his friend's empathetic Cyrano de Bergerac. Alas, it
was only my job to listen. And so I did.
Tom went on to explain how his parents
had actually always wanted a son, and his adoption was planned
shortly after conception. Luckily neither his adopted or biological
parents gave him any details on the conception. That would be rather
awkward for all involved.
What I couldn't get over was the fact
that he initially thought it was an April Fools prank. Were his
adoptive parents really big jokesters, or did he have to question
everything that ever occurred on his birthday? What a horrible set
of affairs that would be. Most people just get to enjoy their
birthdays by eating cake and hanging out with friends and family.
Tom had to stay on his toes and wonder what trickery was in store for
him that year.
I imagined an eight year-old Tom waking
up on his birthday to find a saddle in the living room sitting next to a book
about how to care for a pony. His parents would blindfold him,
buckle him into the minivan, and head east to the farm where his
birthday pony was waiting for him. They would drive in circles for
twenty minutes or so, stop the van, open the sliding door
ceremoniously, and have him remove his blindfold only to find out he
was standing in front of his own house. His parents would be rolling
on the ground laughing after shouting “April Fools!” and then
lead him inside so he could open up a Lego
set or G.I. Joe action
figure. Most kids just got the set of blocks or action figure
without the emotional roller coaster. Not Tom; he got the full
treatment.
Did a
sixteen year-old Tom find a cherry red Ford Mustang waiting for him
in the driveway, only to later find out they had just taken it for a
test drive with the sole intention of tormenting their son? Was he
subjected to this kind of torture every year, or did his parents have
to wait a few years in between the cruel practice of dashing his
hopes and dreams on the anniversary of his birth?
I
wondered what kind of effect that would have on my psyche. I quickly
realized, I would probably end up just like Tom. Not knowing what
the next birthday would bring. Not knowing how my next personal or
work relationship would pan out. And probably not be able to trust
anyone to whom I grew close.
Tom's
parents could not be trusted. I had only know about them for a few
minutes, but I questioned their motives and parenting skills at every
corner. I even wondered if this was actually their April Fools opus. Were
they going to let this joke go for an entire year before revealing
the elaborate gag?
Tom would spend the next 365 days asking
questions about his “real” parents, and they would answer all of
them with vague and political responses. Tom would slip into deep
depression, but his parents wouldn't let him on to their clever ruse.
Each day they would greet him with smiles and comforting hugs. He
would lose weight from not eating. He would quit his job, and become
a recluse. His skin would grow pale, and his face would lose any
semblance of vibrancy.
A year
later, Tom would emerge from his basement lair to see his parents
sitting in the living room with another pair of adults. They would
introduce them as "Mr. and Mrs. Jones." They would call him to sit
down on the couch between them. He would slowly come to realize that
these were not just house guests. These were the two
people who gave him life, then gave him up. They were his biological
parents!
The
morning would be one of the most eye-opening experiences of his life.
He would learn about how his father was a classically-trained
guitarist, and his mother was a ER nurse who saved the lives of
hundreds of people every year. If they would have kept him, then
their lives would have been more ordinary, and he would not have
gotten the support and love he deserved.
His
being adopted was not something that he needed to think about ever
again. It was a great thing for everyone involved. His biological
parents got to live their lives and make their mark on society, while his
adoptive parents got the son they always wanted, and most importantly
he was the recipient of love and admiration from those parents. Tom
would finally feel like he knew his place in the universe.
Tom
would rush to go get the poetry notebook in which he had written his
every thought and feeling over the last twelve months. It would be
his final act of cleansing. This was going to be the cathartic
moment he had been waiting for, not just in the past year, but his
entire life!
Upon
his return to the living room, notebook in hand, his smiling face
would be greeted by the puffed cheeks of all four adults in the room
waiting for him. Their cheeks would deflate and a loud roar of
laughter would fill the room, fingers pointed in his direction. His
father would stand up to walk over to him. Tom, standing bewildered
and wondering what was so damn funny, wold begin to speak. His
father would interrupt him before he could get a word out, and
scream, “April Fools!”
The
whole thing was an elaborate hoax, with the sole purpose to further
push Tom into solitude and distrust for the entire human race. It was at this moment that he would come to the realization that it was not the entire human race that was to be distrusted. His parents were just assholes. The rest of the world knows how to just say, “Happy
Birthday” and take you out to dinner or to the bar for a drink. Luckily, Tom
eventually found a bearded friend who could be there for him. And
even more lucky was that on the day where he first told that story to
another person, I was there to hear.
Happy birthday Tom!
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