Detroit’s bankruptcy is an opportunist’s wet dream.
And Sen. Rand Paul smells that desperation. He wants to swoop in and install a Friedman-esque conservative utopia. If you've read or seen the movie based on Naomi Klein’s book, “The Shock Doctrine,” you already know such policies don't worked.
The crazy just keeps getting more extreme:
Bloomberg News: U.S. Senator Rand Paul, told a business crowd there that cutting taxes and luring immigrants would turn the city’s fortunes. The Kentucky Republican wants federal legislation to create “economic freedom zones” in distressed cities like Detroit … He said he would cut income taxes to a flat 5 percent in areas of the U.S. with unemployment more than 1.5 times higher than the national average. He would cut payroll taxes and eliminate capital-gains taxes.
Cutting payroll taxes anywhere in the U.S. would basically dismantle and defund Social Security and Medicare…he must know that, right? Of course.
But even more insane is Paul’s gauge of public opinion when it comes to his philosophy, after just making his idiotic proposal:
Paul said the Republican Party stands to lose more national elections unless it attracts a broader, more diverse voter base -- especially blacks -- and promotes individual liberty more than it does tax cuts.
Promoting “individual liberty” is a vacuous generality that could mean anything, by design, pushed by extremists too afraid to actually spell out their dystopian plans.
But just as opportunist is the rotting cancer setting up shop in Detroit:
Speaking today to the Detroit Economic Club at the Motor City Casino, the libertarian-leaning Paul touted the opening of a new Republican Party office in the city.
Finally, Paul still thinks helping the auto industry was a bad idea. The shocking thing about the Republican belief system is that never thinks it’s wrong, even when it’s painfully obvious to everyone else:
Paul drew applause when he said the government bailout of General Motors Co. (GM) and Chrysler Corp. in 2009 was a bad idea, a view he said is not popular in the city.
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