Posted on 04/09/2013 5:23:31 AM PDT by RoosterRedux
When Dan Pfeiffer, a senior adviser to President Obama, spoke at a Politico event last week, he was asked what would constitute success in 2013 for the White House. One of his answers was making headway to “rebalance our economy.” The goal, he said, is an economy that’s “not top down.”
Like their boss, Obama aides often speak in euphemisms. So here’s the translation: The Obama administration will continue to pursue redistribution of wealth and income, taking from the well-to-do and giving to the poor and middle class (at least to the lower middle class).
The president has his own way of touting redistribution. Whenever he uses the word “fair,” you can bet he’s really referring to redistribution. He talks of everyone getting a “fair shake” and a “fair shot.” In his State of the Union address in February, he insisted economic growth requires “everybody doing their fair share.” In his inaugural speech in January, he said a free market “only thrives when there are rules to ensure competition and fair play.”
But Obama’s emphasis on redistribution and his policies to further it create a problem that he either doesn’t recognize or, as I suspect, chooses to ignore. He insists economic growth is his “top priority.” Redistribution, however, is not the friend of growth. It impedes growth.
The most effective tool in spurring growth is private investment. Obama may not like it, but major investors tend to be well off. They have money to invest. Rather than encourage them to invest in growth and jobs, Obama does the opposite. By raising their taxes and leaving a strong impression he’d like to raise them even more, he discourages investment.
(Excerpt) Read more at weeklystandard.com ...
Thanks for this de-coding thread for the Commie Obama Regime.
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Documentation File on the harmful impact of the Counterculture of Communist Obamanation on Freedom of Choice in America.
Portions of this File are also useful for the Impeachment of the legal citizen of Indonesia Barry Soetoro, also known as B. Hussein Obama, a confirmed Communist.
If the DNC audits B. Hussein, they will find that all of his political stunts are aimed at generating “donations” for Obama’s RETIREMENT SLUSH FUND.
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