There was very little that was really new in the president's agenda-setting State of the Union address to the nation Tuesday. Since when is it new when Barack Obama calls for higher taxes on our economy?
He had little to say about the government's $15 trillion debt, nor about the yearly trillion dollar plus budget deficits he's piling up. Even though the Gallup poll says the voters place these issues among their top three concerns, along with the economy and jobs.
Nor did he have much to say about the serious troubles millions of Americans still face in the oppressive Obama economy: 14 million unemployed and millions underemployed; real family incomes declining; mortgage foreclosures rising, while home values are falling along with home sales; and a stunning increase in poverty rates and homelessness throughout the country.
Instead, his speech was dripping with flimflam political bromides and shameless class warfare against wealthy Americans. It was red meat for his cheering political base, but not for the much broader electorate who know rich people aren't to blame for Obama's weak, high unemployment economy. It's his anti-growth economic policies that are the problem.
"There are 1.7 million fewer jobs in the country than when Obama took office, according to government data," the Washington Post reported earlier this month.
But now in the fitful fourth year of his failed presidency, Obama's still campaigning around the country, bashing the wealthy for all of the economy's troubles, and insisting the rich are not paying their "fair" share in taxes.
The IRS and nonpartisan Congressional Budget Office have figures that show this isn't true. The top 20 percent account for the lion's share of all federal income taxes paid.
The group that was the chief target of his original class warfare attacks in his first two years were singles making $200,000 and married couples earning $250,000 and up. But that kind of attack didn't resonate very well. Too many small businesses would be severely hurt by his tax hike that also threatened their employees with layoffs. A lot of Americans do not consider such incomes rich anymore.
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