I wasn’t going to bother, but when you have a title like "Bride of Stimulus" you have to run with it. And that is exactly what that speech was. To quote every democrat’s greasy palm card from 2007/2008, what we have here is…"the same old failed polices of the past." Or what I referred to on twitter as "same old whore new dress."
There is nothing new. In fact Obama-Friendly AP isn’t even trying to cover for how not new this is.
Paid for? Mr. Obama is not one to let a lack of details stop him and honestly, once you put it in writing people might try to hold you to it. Always better to go with generalizations so you can walk it back later or just claim you were taken out of context. So to explain spending 450 billion we don’t have, Obama is simply reassuring that it will be paid for. White House aids were only slightly more helpful according to AP.
White House aides suggested that new deficit spending in the near term to try to promote job creation would be paid for in the future
Translation: This program will add $450,000,000.00 (Billion) in new debt on the backs of someone at some point, in the future.
Tax the Rich. Also not new, and ‘Our Wealthiest Americans’ are still people in the 200K to 250K per year range if Obama is to be believed, which while many times more than my own income, is not ‘The Rich." The rich live off capital gains (government stimulus hand outs) and do not need to collect a salary–many do not. So Obama would be taxing the income of working folks who predominantly run or own a business, file as an LLC or S-corp, and are not the evil, super wealthy folks the Kool aid drinkers picture when he sounds the horns of class warfare. Two hundred grand is beyond my comprehension when it comes to income, but these people are probably already spending that for their version of "getting by" so it is already stimulating the economy as much as it ever will. Robbing them of it by force of law and threat of imprisonment just so bureaucrats can nibble at the edges and then throw it into one of any number of left wing, job destroying, money pits (Solyndra- cough cough) is simply criminal rhetoric looking for a sliver of legitimacy.
And the only thing green about this speech, or these ideas, is that it’s already been recycled.
There are more problems but why bother. This is already not bi-partisan, it is not deficit neutral, and the gorge rises as we get more of the same snotty, impetuous, what the hell is wrong with YOU people attitude from the petulant man-child play acting as leader of the free world. Pass this bill? What Bill?
January 2013 can’t come fast enough.
