A person can't go but a few clicks on the Internet these days without tripping over some shocking item about the "explosion" of income inequality that has, like the dark smog of capitalistic excess, been choking the life out of this unjust nation.
Liberal press bias has been so stark and the lying by omission so blatant that it's time to take stock again.
In a budget nearing $4 trillion a year, it strains incredulity to hear members of the so-called "supercommittee" say they're still no closer to finding $1.2 trillion in savings over the next decade.
The head cheerleader of the Keynesians and NY Times columnist Paul Krugman wrote just last month that "the turn toward austerity (is) a major factor in our growth slowdown."
Bloomberg doubted Zandi and the President's projections, too. They surveyed 34 other economists. Not one was as optimistic as Zandi. In fact the average job creation estimate by the group was a paltry 288,000. Five said the legislation would produce zero new jobs. Since Obama's wants to spend $447 billion to get there, if the average estimate were to come true that works out to $1.6 million per job.
Remember stop, look and listen before you cross the street? Follow this cautionary tale before you swallow the balanced budget language of Presidential candidate and former Governor of New Mexico Gary Johnson and the 9-9-9 tax system of former CEO Herman Cain. Simple slogans can be dangerous.
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