Are you sitting down? Obama plans to pay for his $3.6
trillion-dollar spending bill by raising taxes on "the rich." I
know, I know ... I was pretty shocked, too.
The bad news is, by hiking taxes in a recession, Obama will
turn a disaster into a catastrophe. But there's good news, too.
The "rich" include most of Obama's biggest supporters.
While liberals love being praised for their looks, their
style, their brilliance and their courage, the one quality they
don't want talked about is their money. To the contrary,
Democrats are constantly boasting about how poor they are -- as
if that's a virtue in a capitalist society with no class
barriers.
No matter how much money they have, liberals will be damned if
they're giving up the poor's mantle of angry self-righteousness.
This is especially true if their wealth came by inheritance,
marriage or the taxpayer, the preferred sources of income for
Liberalus Americanus.
Democrats' claims of poverty merely serve to show how out of
touch elected Democrats are with actual incomes in America.
At the Democratic National Convention, for example, there were
heartfelt tributes to the daunting self-sacrifice of both Barack
and Michelle Obama for passing up lucrative jobs to work in
"public service" -- which apparently is now defined, such as in
Michelle Obama's case, as "working as a 'diversity coordinator'
at a big city hospital for $300,000 a year."
Seriously, even with a company car, full medical benefits and
six weeks' paid vacation thrown in, how do people live on
that?
Meanwhile, the average salary for a lawyer with 20 years or
more experience in the U.S. is a little more than $100,000. If
Michelle Obama doesn't lay off all this "giving back" stuff
pretty soon, she's going to find herself in Warren Buffett's tax
bracket.
During the campaign, Joe Biden was also praised by the
Democrats for being the poorest U.S. senator -- as if that were a
major accomplishment.
Howard Dean, chairman of the Democratic National Committee,
touted Biden as "a good example of a working-class kid," adding
that, to this day, Biden was "one of the least wealthy members of
the U.S. Senate." Only a Democrat would list "never really made
anything of myself" on his resume.