Barack Obama’s Economy Plans
Obama’s plans for the economy can be summarized thusly: tax the rich, spend like a drunken woman on a shopping spree.
There are quite some moderates who support Barack Obama these days. They believe that he is someone who will try to find the middle ground, who will break with Washington’s culture of division and partisan anger, and that he is someone who will try to work with Republicans in order to solve America’s most significant problems. They also believe that he is, despite his record, not truly a liberal legislator. No, many of those moderates believes that he’s either one of them, or almost one of them.
In that vein it’s important to look at Obama’s economic policies, especially with regards to his tax plans. Will he try to find a middle ground? Will he try to be pragmatical? Or will he tax like a ‘tax hard and spend hard’ kind of liberal, ala Jimmy Carter?
Well, the answer is now known: tax… and then tax some more.
Additionally, he wants to spend big time. According to John McCain, Obama’s policy proposals would raise government spending by $1.4tn over five years (a number quite possibly correct). For those who don’t know what tn stands for: it stands for trillion. A trillion is thousand billion.
It has to be pointed out that Obama does not just plan to raise taxes; he also promises to lower taxes for the middle classes. Which leads us to ask one important question: how the hell is he going to pay for ‘a number of costly programs, including health insurance subsidies, tax cuts for the middle class, college tuition grants, research and development funding’?
Now, if you are a big government liberal, raising taxes on ‘the rich,’ while spending like a drunken woman on a shopping spree… paying with credit cards stolen from her ex-husband, isn’t wrong in your eyes. If you’re, on the other hand, a moderate, you’re probably not all too happy with a ‘tax, tax, and tax some mo, then cut some taxes and spend bigtime’ kind of president. After all, didn’t you guys try that with Jimmy Carter? How did that work out?
In short, one gets the distinct impression that Barack Obama is the second coming of… Jimmy Carter. He’s surrounded by anti-Israel advisers, he’s probably quite anti-Israel himself, and he’s planning to drastically enlarge the size of the government. The two even sound the same.
This is what the political debate should be about; about policy proposals. Obama’s policy proposals show us one thing; he’s many things, but he’s no moderate.
I don’t know about the second coming of Jimmeh. He’s the Rorschach nominee. People see what they want to see.
I almost forgot..SEXIST!
spend like a drunken woman on a shopping spree