Posted on 09/10/2010 7:12:42 AM PDT by Hojczyk
The president returned to the stump yesterday, fairly screaming "Kill the beast" as he ranted against evil corporations and demanded a massive tax hike on the employers who might otherwise be investing and hiring (but who won't until they know that the House at least is back in responsible hands and under John Boehner's leadership.)
Most sensible people and certainly independent voters are wondering why --if $850 billion didn't kick start the economy-- another $50 or $100 billion would launch an economic renaissance?
Why, if nearly a trillion is subsidies didn't get the railroads, runways and highways fixed, would a much smaller blast of cash do so?
Such new layouts of money the government doesn't have wouldn't work, of course, but the enormous tax hike would punish those dog callers that are inside the president's head. Part of the president's "plan" is substitute anger management therapy.
There is, however, one good political reason for the president to prescribe another round of placebo economics and to do so with a speech many portions of which Eugene Debs would have been comfortable delivering a hundred years ago --class warfare diverts attention from such things as this headline from today's Wall Street Journal: "Health Outlays Still Seen Rising."
This follows by a day the story that thecost of health insurance is rising, and that cost is being passed on to employees.
The president has to do something --anything, really-- to get attention off of Obamcare, which people hated when it was jammed down their throats and which they hate even more now that its devastating impacts are beginning to roll out across the country.
(Excerpt) Read more at hughhewitt.com ...
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