The last year has been highly informative for Americans who have been looking for information on hypocrisy, shabby intellectualism, broken promises, opportunism, populist dreck, and IPhones.
Since almost the moment Obama celebrated his re-election with Republican leader John Boehner by proposing to raise taxes on all of us, God has played an enormous practical joke on liberals.
In only ways He could, God has shown that liberals are wrong. Not just wrong, but really, really, seriously wrong.
Demented even. And yeah, I’m talking about Ezra Klein.
No, the world really doesn’t work the way liberals want, they’ve found out, and what’s more, liberal leaders and scribblers know it. They have known it for years.
Liberals have, in 50 years, morphed from the idealism of Camelot to the reality-game show hostness of Al Sharpton.
It’s not even just that they are wrong, it’s that at the top of the liberal pyramid they are liars, intellectually bankrupt, the moral and intellectual equivalents of Jim and Tammy Faye Bakker, spreading a gospel which not only they don’t understand, but the they exploit for their own, and no one else’s gain.
It’s been little less than a year for people who enthusiastically voted for Obama in 2012 to find this out.
And what liberals miss in being wrong on specifics, they make up in volume.
So let’s make a list, shall we?
1) Tax the Rich! Oh, and you too!
Liberals were wrong in blaming the rich for everything that was wrong with everything in the world. They got their tax increase on rich people- and poor people too- and it hasn’t ushered in period of great prosperity. In fact, research show pretty conclusively that the tax increase that liberals elected Obama on in 2012 has been bad for the economy.
Our contributor, Political Calculations has a nifty tool that can show you how quantitative easing, tax increases and government spending cuts have affected the economy.
“One thing that you'll find is that over 90% of the negative drag on GDP may be attributed to the tax hikes that took effect in 2013,” writes PC. “Less than 10% may be attributed to reductions in government spending at all levels in the U.S. Finally, if you really want to play the ‘what if’ game, try combining government spending cuts with modest tax cuts in our tool …. One may wonder why today's politicians aren't discussing implementing this particular combination of fiscal policies.”
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 28th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 25th, 2014 | John Ransom