Web Commonerpolitics, social commentary, and ramblings on pop culture

The first Matt Damon tongue lashing that I had the pleasure of witnessing came nearly three years ago when John McCain first introduced Sarah Palin to the world. In a heavily circulated interview on the Internet, Damon accurately described the absurdity of the media circus surrounding Palin’s nomination for Vice President, comparing it to a “really bad Disney movie,” and indirectly submitting an unofficial script proposal for a spectacularly horrible straight-to-DVD movie featuring the folksy hockey mom. My personal favorite swipe, though, was Damon’s desperate and rather simple plea to the media, asking that somebody, anybody, find out if she, “really thinks dinosaurs were here 4,000 years ago.”

Fast forward to 2011, when the country is no longer threatened by the prospect of a Palin presidency but continues to deal with the toxic Tea Party movement that she helped shape during the 2008 campaign. This time, Damon is forced to contemplate the absurdity of those who argue in favor of continued tax cuts for American millionaires and billionaires while military, domestic, and entitlement spending gets slashed. Interviewed in Washington DC at the Save Our Schools march protesting education policy, Damon laid into the conservative mindset that increased taxes on the ridiculously wealthy is a bad idea.

Lest we forget, Matt Damon is an actor, and nobody should assume that he spends his days scouring the Internet or news networks in search of truth. Still, you don’t have to be a politico or newshound to know how much the Bush tax cuts, which have been in place for ten years, have benefited the upper class and sacrificed everyone else. Indeed, you only need to be poor, out of a job, or incredibly rich with a conscience, like Damon.

His observations, while well-intentioned, are not completely accurate because there was a time in the last century when the wealthy paid exorbitant amounts in taxes. Throughout the last thirty years, the top tax rate rested between 28% and 35%. Before the presidency of Ronald Reagan, though, the wealthy paid nearly double that amount under numerous Republican and Democratic presidents. Given this historical context, Damon’s argument that, “so little is asked of people who are getting so much,” could not be more accurate concerning today’s rich. According to the IRS, tax payers making more than $33,000 annually are expected to pay nearly 100% in income tax while those making more than half a million dollars pay nearly 60% less.

Finally, as Damon notes, there is no reason to believe that the wealthy are so-called, “job creators.” One only has to examine the total number of jobs created under the Bush administration to know that.

Side-stepping the urge to fulfill my role as a member of the “chattering class,” I thought it might be more constructive to provide Sarah Palin with an annotated analysis of her writing, which specifically focuses on the op-ed piece she wrote for the The Washington Post yesterday.

Edits, notes, and suggestions to Mrs. Palin are visible in red or bold typeface …

The ‘Cap And Tax’ Dead End
By Sarah Palin
Tuesday, July 14, 2009

There is no shortage of threats to our economy [Now would be a good opportunity to provide examples]. America’s unemployment rate recently hit its highest mark in more than over 25 years, and it is expected to continue climbing [Who expects this ... economists, you, your accountant?]. Worries are widespread [Again ... Tell us exactly who's worried ... Americans, Alaskans, garbage workers?] that the recovery won’t bring create jobs, even when the economy finally rebounds. Our nation’s The national debt is unsustainable, and the federal government’s reach into the private sector is unprecedented.

Unfortunately, many in the national media would rather prefer to focus on the personality-driven political gossip of the day than on the gravity of these challenges [What challenges?]. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind, and where my focus will be remains:

I am deeply concerned about President Obama’s cap-and-trade energy plan, and I believe it is an enormous threat to our economy [Now would be a good opportunity to dedicate a sentence or two explaining the president's cap-and-trade energy plan in further detail to your readers]. It The plan would undermine our the economy’s recovery over the short term and would inflict permanent damage.

American prosperity has always been driven by the steady supply of abundant, affordable energy [Historical examples would be a good addition here]. Particularly in In Alaska, we understand the inherent links between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge large, energy-rich state recognize that the president’s cap-and-trade energy tax [Is it a plan or a tax? You should be more clear about what it is and why] would adversely affect every aspect of the U.S. economy [Now would be a good opportunity to explain how].

There is no denying that, as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources [According to who, and why?]. But the answer doesn’t lie in making energy scarcer and more expensive [Please elaborate. My understanding is that renewable energy sources are just that ... sources]! Those who understand the issue [It would probably be a good idea to provide further insight into who 'those' people are ... Republicans, conservatives, fifth graders?] know we can meet our energy needs and environmental challenges without destroying America’s economy [I'm hoping that you will soon explain how the president's cap-and-trade energy plan will destroy the economy].

Job losses are so certain under this new cap-and-tax [I'm getting confused ... now it's a "cap-and-tax" plan?] plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years [This sentence is wordy. Try saying this instead ... "The president's cap-and-trade plan ensures job losses by including provisions that accommodate newly unemployed workers from its dried-up energy sector, costing $4.2 billion over eight years." Even after re-wording your sentence, I still don't know what it means]. So much for creating jobs.

In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising increased cost of doing business under the cap-and-tax president’s plan. For example, it will increase the cost of farming will certainly increase, by driving down farm incomes down while and driving up grocery prices up [Now would be a good opportunity to provide an example that explains how]. The costs of manufacturing, warehousing and transportation will also increase [Again ... explain how].

What is tThe ironic beauty inherent in this the president’s plan? Soon, even the most ardent liberal will understand supply-side economics [You may want to consider explaining "supply-side economics" to your readers (liberal and conservative) and insert relevance to your primary point here].

The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will “necessarily skyrocket. [Insert quote source and context here]” So much for not raising taxes on anyone making less than $250,000 a year [Please explain your point further in the context of cap-and-trade ... using statistics or numbers would probably make sense].

Even Warren Buffett, an ardent [Redundant ... try another word. Consult thesaurus if necessary] Obama supporter, admitted that, under the cap-and-tax scheme, “poor people are going to pay a lot more for electricity. [Insert quote source and context here]”

We must move in a new direction. We are ripe for economic growth and energy independence if we responsibly tap the resources that God created right underfoot on American soil [Is your inserting God into this sentence relevant to the argument?]. Just as Equally important, we Americans have more desire and ability to protect the environment than any foreign nation that currently imports our from which we purchase energy today.

In Alaska, we are progressing on the largest private-sector energy project in history. Our 3,000-mile natural gas pipeline will transport hundreds of trillions of cubic feet of our clean natural gas to hungry markets across America the United States. We Alaskans can could also safely drill for U.S. oil offshore and in a tiny, 2,000-acre corner of the Arctic National Wildlife Refuge if ever given the go-ahead by Washington bureaucrats.

Of course, Alaska is not the sole source of American energy. Many states have abundant coal resources, whose and new technology is continuously making transforming it into a cleaner energy source. Westerners literally [I think you mean figuratively] sit on mountains of oil and gas, and every state can consider the possibility of nuclear energy.

We have an important choice to make. Do we want to control our energy supply and its environmental impact? Or, do we want to outsource it to China, Russia and Saudi Arabia? Make no mistake: President Obama’s plan will result in the latter [Now would be a good opportunity to explain how the president's cap-and-trade energy plan would outsource energy to other countries].

For so many reasons, we can’t afford to kill responsible domestic energy production or clobber every American consumer with higher prices.

Can America produce more of its own energy through strategic investments that protect the environment [Now would be a good opportunity to explain how drilling for oil, building new gas pipelines and nuclear power plants, and burning more coal protects the environment], therefore revive reviving our economy and secure securing our nation?

Yes, we can. Just not with Barack Obama’s energy cap-and-tax plan.

The writer, Sarah Palin, is a Republican, is and governor of Alaska.