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.
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