Obama continued, "(Tax cuts) may not help as much as some of the direct spending projects do, but they still provide a stimulus, especially if they are targeted towards people who are really in need."
OK, we get it, Mr. Obama; you believe market-driven economic growth is inferior to government-induced growth. But could you please enlighten us as to your counterintuitive and counter-logical position that targeting tax cuts toward people "who are really in need" will provide the greatest stimulus?
It sure makes for lofty sound bite material and gets you major points with the compassion police and the decriers of "trickledown economics," but it will take more than a profession of good intentions to square this circle. If you have the audacity to implement this plan, we'll see just how well "trickle-up" works.
As Obama's first term unfolds, it will be interesting to observe whether and how Obama will make adjustments to his campaign rhetoric as reality hits him squarely in the face, as it already has with the Guantanamo prison. He now admits Gitmo won't be as easy to close as he glibly indicated before. He would have us believe he's just now coming to grips with the fact that there are "a bunch of dangerous folks" down there. Oh, boy.
I must confess that I would be far less concerned if the worst we could say about Obama were that he was a dishonest campaigner and that now that he's elected he'll do the right thing.
But I'll have to leave such sanguine expectations to others and remain prepared for him to expand government beyond our wildest nightmares.
And while I know this may shock many of us who have basked in freedom our entire lives, there is a tipping point, folks, and I fear we are approaching it.
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