President Obama, in his weekly address, continued to push the “Buffet Rule” taxing the wealthiest Americans:
“Now, this is not just about fairness. This is also about growth,” the president said. “It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments.”
This is insane. But he’s right that this is not just about “fairness.” After all, if “fairness” were in play, we would not be attacking and penalizing the most successful Americans for being successful. The irony is that these are the Americans who take on the risks, and do the heavy lifting in investing and in strengthening our economy and in creating jobs.
But that final line is simply insulting. Read it again: “it’s about whether we as a country are willing to pay for those investments.” Remember, President Obama and his fellow progressives do not believe that you or I can or should invest. We are simply to give our earnings to the Government that knows better than we do what to do with our money.
As usual in progressive minds, we can’t do it ourselves because we are weak and require assistance. Private enterprise, venture capital, investment, and risk and reward are no longer pushing our economy forward. Now the Government identifies what is good, and right, and worthy of investment and then supports it through taxes. And make no mistake: It’s about punishing those rich bastards by forcing them to pay for it in the name of “fairness.”
And the President continues:
We can’t stop investing in the things that will help grow our economy and create jobs
This is where I begin to lose patience. Nobody ever said anything about stopping investment. We simply want the Government to step aside. In the final analysis it’s not the Government’s job.
President Obama’s idea of “the Country investing” is mistaken and in practice has brought us nothing but failure:
- The largest stimulus in history (not as shovel-ready as they thought),
- the Chevy Volt (miserable failure no longer in production),
- Solyndra, Beacon Power and Solar Trust of America (Stimulus recipients, all bankrupt),
- no new drilling in the Gulf,
- no new oil exploration,
- blocking the Keystone XL pipeline (Canada will sell their oil to China instead), and
- saddling America with a Health Care law that was supposed to save money but will actually cost billions,
And that’s just off the top of my head. But we’re supposed to take Obama at his word that these wise investments have strengthened our economy. As I said, it’s insulting, because the only way you could believe it is if you are utterly stupid and uninformed. Meanwhile:
The major legislation passed in the first two years of President Obama’s presidency has led to charges that such new laws as the health care bill and financial regulatory reform, combined with new rules imposed by overzealous regulators, have stifled job creation and hindered economic growth.
Class warfare waged on Americans by the President of the United States is completely unacceptable. The President should want us ALL to prosper, should want us ALL to invest, should want us ALL to work hard and strengthen our economy, and want us ALL to personally reap the benefits that come from taking those risks. This is what brings jobs and prosperity.
The truly scary part to me is that even given their clear track-record of failures progressives still believe this nonsense. We live in a nation where our government can’t even handle airport security screening, yet the President thinks only the government is suited to handle your medical decisions, choose your investments and grow the economy.