Is anyone really going to vote for this?
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Obama’s Comprehensive Calculated
This Benghazi dishonesty is worth recounting again not only because the whole episode is dishonorable, but because it reflects the fundamental communications strategy of the entire Obama Presidency — abusing the American people with Calculated Deception.
Obama finally just released his alleged second term agenda. As the Wall Street Journal editorialized regarding an interview he gave on it to the Des Moines Register on October 24:
Specifically, Mr. Obama said he wants to pursue immigration reform in a second term, as well as a budget ‘grand bargain’ with Republicans that includes tax reform. This will come as a surprise to voters reading the President’s just released 20-page brochure on his second term agenda, which makes little or no mention of these priorities. Perhaps that’s why the White House first demanded that the interview be off the record, making the transcript public only after the Register editor objected in a public blog post.
After being recently spanked in a Univision interview for promising immigration reform in the 2008 campaign and then doing nothing on it even with filibuster proof Democrat congressional majorities, Obama wanted to communicate to his Hispanic base that he will pursue immigration reform in a second term, without putting it in black and white for the general public to see. But failing to lift a finger on it when he had the real chance, how can even his Hispanic base believe in him now?
In his slick second term agenda brochure, Obama tells us, “President Obama is pursuing an ‘all-of-the-above’ energy strategy that will produce reliable, affordable energy and take steps to protect our climate: Opening up millions of acres for exploration and development, including undiscovered oil and gas resources in the Gulf of Mexico and the Arctic.”
But that assertion comes in the face of the Obama Administration’s closing of half the National Petroleum Reserve in August. That National Petroleum Reserve is 23.5 million acres (the size of Indiana) on Alaska’s North Slope, established by President Harding in 1923 to ensure oil supplies for the U.S. Navy. Congress transferred the reserve from state to federal ownership in 1976, and “designated it as a strategic oil and natural gas stockpile to meet the ‘energy needs of the nation,’” as reported by Newsmax. But not under the Obama Administration, which has squelched production at the reserve during Obama’s entire term.
The agenda brochure tells us, “It’s time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class.” But President Obama has produced during his entire term just the opposite for the middle class, a precipitous decline in median family income, from $54,983 in January, 2009 to $50,964 by June, 2012. That is a loss of $4,019 per family, or 7.3%, the equivalent of losing nearly one month’s income every year. Don’t forget as well President Obama’s postwar record of 43 straight months with unemployment above 8%, the longest period of such unemployment since the Great Depression ended nearly 75 years ago. This is what President Obama has accomplished for the middle class so far.
The economy grew at only 2% in the third quarter, which continues Obama’s record of economy growth at only half the average recovery from a recession since World War II, and only one-third of Reagan’s booming recovery. That’s a loss for the American people of $1.2 trillion in income so far compared to what they would have with an average post-depression recovery. That doesn’t look like President Obama is “Building an Economy from the Middle Class Out,” as he promises in his second term agenda brochure. Just average post-recession growth since World War II would have cut our deficit in half by itself, without any legislated tax increases or benefit cuts. While Obama says of his second term agenda, “Ours is a fight to restore the values that built the largest middle class and the strongest economy the world has ever known,” the record shows he has lost that fight so far.
And the prospects are only worse without a change in course. As the Wall Street Journal editorialized in its weekend October 27-28 edition, “private investment tanked in the third quarter….the decline in business investment at this stage of a recovery signals a capital strike and a return to pessimism. Business investment is a leading indicator of future job and wage growth.”
But Obama’s answer is to keep doing what he has been, except to sharply increase taxes on investment in a second term. He promises in his second term agenda brochure to reduce the deficit “by finally asking millionaires and billionaires to pay their fair share.” Those millionaires and billionaires are defined as families earning over $250,000 a year. Moreover, the Congressional Budget Office reports that in 2009, the top 1% of income earners paid 39% of all federal income taxes, while earning only 13% of the income. That’s not their fair share, Mr. President? He is deliberately deceiving the public to stoke envy and resentment for votes. That too is dishonorable.
Obama says he is only asking billionaires to pay the same tax rates as their secretaries. But in 2009, in 2009 the top 1% already paid an average federal tax rate of 29%, while the middle 20% paid an average federal tax rate of only 11.1%, according to CBI. It is with a flat tax that millionaires and billionaires would pay the same tax rates as their secretaries, which is what Reagan and Steve Forbes wanted, but Obama has opposed.
These tax increases on “the rich” (a crass term that has no place in American politics) will only lose revenue, increasing rather than reducing deficits and debt. In the past 45 years, every time the capital gains tax rate has been increased, capital gains revenues have gone down rather than up. When President Bush slashed the tax rate on corporate dividends in 2003, dividend payments soared thereafter, and consequently so did the revenues from dividend taxation. Reversing that cut as Obama wants would have the opposite effect. If the tax rate increases going into effect next year for every major federal tax, except the already world leading corporate tax rate, cause a recession as I have now been joined by CBO in predicting, federal revenues overall will go down rather than up.
For those of you, or your friends and relatives, who are voting for Obama, is this pattern of dishonorable deception and dishonesty what you are supporting? If so, you will surely get what you deserve if a second Obama term ever comes to pass. Maybe more people you know need to know more about this.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online