As predictable and repetitive as Obama's economic speeches are, his capacity for audacity shows ever increasing signs of creativity. Do you suppose he has any ability to feel shame for what he's doing to this country and embarrassment for blaming everyone but himself?
His latest deficit plan involves further punishing millionaires and billionaires (which means all those making $200,000 or more), continuing to spend like there's no tomorrow (which there won't be if he continues doing it), phony unspecified reductions in waste, more stonewalling on real entitlement reform, and demonizing anyone who dares to get in his way. You'll be outraged if you look at the mammoth new administrative bureaucracy he wants to create in his latest stimulus monstrosity.
For those gullible or embittered enough to buy into Obama's class warfare agitation, consider that America's total tax burden under Obama is rising to the highest level in history, as per this Heritage Foundation chart: http://bit.ly/pgGd1z. Don't forget that some 47 percent of Americans pay no income tax at all.
Beneath the surface, though, Obama's plan is designed to fail because he knows it can never pass the GOP House. He knows that serious people will not join him in this destructive measure, and so his real motives are to energize his angry leftist base and to construct a plausible scenario whereby he can blame his failures on Republican obstructionism. Not that we need proof, but he hinted at this course of action in his speech before last. (His 10,000th speech I think it was.)
Did you hear the anger in his voice? Did you hear him again blame Bush's "two wars" and "tax cuts for the wealthy" for the economic and debt problems into which he has injected steroids? These would be the two wars he continued after fraudulently promising to end and the tax cuts that did not cost the government appreciable, if any, revenues.
Almost three years into his term, did you hear him accept any ownership of his policies? Did he apologize for nearly doubling the national debt? For pushing (and preserving) unemployment to stratospheric levels? For creating so much business fear and uncertainty that he's given the stock market a multiple personality disorder?
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