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Friday, March 06, 2009
Jonah Goldberg :: Townhall.com Columnist
The Waiting Game
by Jonah Goldberg
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


And, thanks to Obama, the poor will pay even more. President Obama's proposed carbon tax will raise the price of energy. In an interview with the San Francisco Chronicle in early 2008, candidate Obama admitted as much: "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket."

Liberals will defend Obama's carbon tax by saying it's vitally necessary to combat climate change, end our dependence on foreign oil and boost our embryonic green industries like wind and solar. Fine, fine. We can have that argument, as weak as I think it may be.

But why isn't Obama honest about the fact that he's asking the working poor and middle class to pay even more? He's the guy who talks such a big game about shared sacrifice. He's the one talking about a "new era of responsibility." Heck, that's the title of his proposed budget -- you know, the one that will irresponsibly explode the deficit?

Instead, Obama sticks to his promise that everyone who isn't rich will get a "tax cut." That tax cut, by the way, amounts to $13 dollars more a week for the typical worker, according to the Associated Press. In 2010, that cut will be worth $7.70 a week. Will that cover "skyrocketing" electricity rates? Or higher gas prices? How about higher prices for things that use energy to get manufactured, i.e. everything?

I don't know the answer myself. Maybe $1.85 a day in 2009 and $1.10 in 2010 will cover that. But I doubt it, particularly when your job is outsourced to carbon-tax-free China or India. The point is that Obama's rhetoric about shared sacrifice is bogus on every level.

He tells people they are the upright ones for supporting his policies when what he's actually saying is that he's taking from the rich and giving it to them. "Shared sacrifice" really means taking other people's money, while "greed" is not wanting to give it up and "responsibility" is when the government takes it anyway.

In reality, he's giving with one hand and taking with the other. He's telling the poor he's only soaking the rich, when he's in fact soaking everyone. The amazing thing is that his supporters, rich and poor alike, buy it. No wonder they're the ones they've been waiting for.

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About The Author
Jonah Goldberg is editor-at-large of National Review Online.
 
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The only reason they had to "wait"
...was because it took several generations of state schooling to render the public ignorant enough, and several generations of welfare state handouts to make them dependent and morally bankrupt enough, that they would be willing to surrender their liberty for the false promise of the ""security of the new socialist order.

If it were only their own liberty they were surrendering, I would be jiggy with it. But, it's my liberty and that of my children and grandchildren that's being surrendered, without my consent. That liberty is my birthright as a human being. It was paid for with the blood of my ancestors. It is not theirs to do with as they please.

I'm fed up with these imbecilic infantile dreamers playing fast and loose with my forefathers' bequest to me and my progeny. Now what?

Inflation is a gift. Use it.
Platitudes and Empty Promises says #38, MyOpine, CA. Not so. Inflation is official government policy. It can therefore be made our very reliable friend. Buy real estate at 20% down, giving you 5 to 1 leverage, meaning a 3% inflation rate gives you a 15% yearly gain on your down payment. And the higher the inflation, and the lower the down payment, the better. This is why 70% of us own our own homes. Use government's gift of inflation wisely and grow rich.
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