Friday, February 27, 2009

Barack Obama's Economic Class Warfare

Readers may have noticed Dr. Hussein Biobrain's response to my earlier essay, "Class Warfare Denialism." But let's elaborate a bit more on this morning's entry.

It goes without saying that Barack Obama's got a problem with wealth and wealth creation.
The administration's new budget represents the biggest wealth transfer in American history, a radically-pure spending blowout that must be justified by excoriating the corporate sector and the nation's affluent for reaping "selfish gains" while refusing to "invest" in America's future. That kind of talk is leftist code language for big government advocacy.

Democratic-leftists will of course argue that this is not class warfare. President Obama is not "demonizing the upper-class in order to make people in the lower classes angry at them." Today's nihilist lefties will argue that the party's money grab is simply a matter of "raising taxes on people who can afford it, while allowing less fortunate people to keep their money."

Don't believe it for a minute - this is pure Democratic baloney. The New American examines President Obama's address to the nation for trick wording and dishonest blame-shifting:

Statement: “A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future.”

Correction: This is a clear reference to the Bush-era tax cuts that allowed the American people to keep more of their own money. It’s also an equally clear indication of where Obama is coming from in his worldview. He speaks of a “transfer” of “wealth to the wealthy” as if the people’s money was government’s to dole out as it wills. Your wealth is not your own, Obama says. Everything belongs to government, and whatever scraps government allows you to keep is a privilege and a “transfer” from the common wealth bank that is government. "Investment" is simply a rhetorical device to refer to "government spending" for Obama.

Obama blaming bankers for the banking crisis is a bit like saying that wet streets cause rain.
Kimberley Strassel also examines Obama's doublespeak, for example this whopper from the president's meeting with Democratic congressional members in Williamsburg, Va., early this month:

"We are not going to get relief by turning back to the very same policies that for the last eight years doubled the national debt and threw our economy into a tailspin."

Translation: Blame Republicans, and tax cuts.

Mr. Obama inherited a deficit, though it wasn't caused by letting Americans keep more of their paychecks. It was caused by a need to rebuild the military to fight two wars (at least one of which he supported), and by that worn-out old idea known as spending, which lost the GOP its majority, and which Mr. Obama is now touting as economic elixir.

He also inherited a recession, though no economist with an IQ above 60 would suggest tax cuts caused the housing bubble. That came courtesy of easy money and loose lending standards, the latter of which Congress encouraged. Presumably, if tax cuts were responsible for the deficit and the recession, Mr. Obama wouldn't be constantly boasting that he wants tax cuts for 95% of Americans.

The wider goal is to vaguely link everything conservative with everything gone wrong, the better to present liberal ideas as a cure. Besides, it's useful to have a GOP to keep blaming, if the cure doesn't work.

In other words, attack Republicans and "demonize the upper-class" as a way to build support for a gargantuan and potentially permanent expansion of government that would make LBJ blanch.

So don't listen the Democratic-left's bogus disavowals. These people are not only
stupendously abject liars, but are predatory wolves as well.

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