The View From 1776
Wednesday, September 21, 2011
Mr. Obama, Can You Spare a Dime
Liz Peek of the Fiscal Times spotlights one more of Obama’s many counter-productive proposals, this one aimed squarely at the deserving poor.
All of Obama’s supposed programs to jump start the economy and to revive employment have hammered down private business, the one and only source of real economic revival. It’s obvious that his aim is really the socialist-gospel push to wipe out capitalistic individualism and to make everybody a government employee, under the regulatory control of a self-appointed intellectual elite.
How else to explain his relentless obsession with “the rich” that, in this instance, blinds him to the damage he will do to the poor?