In Roanoke, Virginia recently, the President explained to an enthusiastic crowd that his Republican opponents' "basic theory is,
if wealthy investors are doing well then everybody does well. So if we
spend trillions of dollars on more tax cuts mostly for the wealthy,
that that's somehow going to create jobs, even if we have to pay for it
by gutting education and gutting job-training programs and gutting
transportation projects, and maybe even seeing middle-class folks have a
higher tax burden."
Some call this electoral snake oil an example of Obama's economic illiteracy -- dutifully noting that, historically, lower taxes raise more revenues to cover what Democrats like to call "investments" in education, job training, transportation, etc. Others identify it as proof of Obama's essential hostility to success, economic freedom and the market economy. Some simply call it lies. Regardless -- however ignorant, destructive or mendacious Obama's campaign pronouncements are, at least they are only words. Much worse are the cynical policies he has adopted to discomfit his opponents and aid his re-election.
The Republic has survived, and probably can continue to survive liars, misguided ideologues and incompetents in high office, but Obama does not stop at flawed logic or false assertion. He has shown himself so irresponsible and so heedless of the best interests of our economy, social fabric, and security that he has unleashed recently a wave of destructive policies and administrative practices aimed at manipulating and mobilizing the frightened, the dispirited, the resentful and the ignorant to help return him to office. Overheated campaign rhetoric may vanish after Election Day like noxious fumes, but the corrosive effects of Obama's cynical campaigning through exploiting his executive authority will remain. He is with these measures fostering distrust and hardening divisions among us, and raising the friction levels and political cost that will attend any effort to reverse his policies, thereby making the job of recovery and restoration that much more difficult even if we do finally rid ourselves of him.
Some call this electoral snake oil an example of Obama's economic illiteracy -- dutifully noting that, historically, lower taxes raise more revenues to cover what Democrats like to call "investments" in education, job training, transportation, etc. Others identify it as proof of Obama's essential hostility to success, economic freedom and the market economy. Some simply call it lies. Regardless -- however ignorant, destructive or mendacious Obama's campaign pronouncements are, at least they are only words. Much worse are the cynical policies he has adopted to discomfit his opponents and aid his re-election.
The Republic has survived, and probably can continue to survive liars, misguided ideologues and incompetents in high office, but Obama does not stop at flawed logic or false assertion. He has shown himself so irresponsible and so heedless of the best interests of our economy, social fabric, and security that he has unleashed recently a wave of destructive policies and administrative practices aimed at manipulating and mobilizing the frightened, the dispirited, the resentful and the ignorant to help return him to office. Overheated campaign rhetoric may vanish after Election Day like noxious fumes, but the corrosive effects of Obama's cynical campaigning through exploiting his executive authority will remain. He is with these measures fostering distrust and hardening divisions among us, and raising the friction levels and political cost that will attend any effort to reverse his policies, thereby making the job of recovery and restoration that much more difficult even if we do finally rid ourselves of him.
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