The President and Congress are still creating "a multitude of new offices" with officers to "harass our people and eat out their substance." ObamaCare's Independent Payment Advisory Board (IPAB) is a serving of "alphabet soup" that could be hazardous, even fatal, to your health.
On CNN's program The Situation Room with Wolf Blitzer, commentator Gloria Borger said, "if you're going to lower the tax rates, where are you going to get the money from?" First of all, nobody is talking about lowering the tax rates. They are talking about whether or not to continue the existing tax rates, which are set to expire after a temporary extension. And Obama is talking about raising the tax rate on higher income earners.
But when Ms. Borger asked, "where are you going to get the money from?" if you don't raise tax rates, that assumes an automatic correlation between tax rates and tax revenues, which is demonstrably false.
In John Dewey’s article of 1898, “The Primary Education Fetich,” in which he warned his progressive colleagues that “change must come gradually,” lest it arouse violent resistance on the part of parents and taxpayers, he outlined his plan for how all of this was to be carried out.
It should finally have dawned on the American people that the politicians who presume to guide the economy have no bloody idea what they’re doing. We’re long past the time when knowledge of economics was required to see that the government is impotent when it comes to creating economic recovery. If you want evidence of that impotence, just look around.