Sunday, October 27, 2013

What is Obama up to

Over these past five years I have been a close observer of President Obama and believe that I understand his vision for America. He is a composite Politian, one part community organizer and one part Chicago politics. He objective is to transfer income from those who earn it to those who in his opinion need it. Obamacare is a prime example. Low income people those below the poverty level will receive free or subsidized health care paid for taxpayers. We have 140 million people working and only 70 million pay taxes. The President did not start many programs but they have expanded under his tenure. For example last year, 30 million low income families receive earned income credit up to $5,000 per family. This is money taken from tax revenues and given to people who paid no taxes. 80 million Americans are on Medicaid which is almost free health care, 48 million receive food stamps, 25 million received Women’s and Infants Care (WIC), 13 million housing allowance and 6 million receive cash assistance. In addition we now have 7 million collecting unemployment. As a community organizer The President learned early on that you can use the carrot or stick to get votes. If you are providing government benefits or if you threaten to take away benefits, you can encourage people to vote for you. The President is not concerned about deficit spending as long as it is used to garner more potential voters. The great French political thinker de Tocqueville said: “The American Republic will endure, until politicians realize they can bribe the people with their own money.” For many years the government was bribing the rich for votes and we could get away with that because there were not that many rich but as we move toward bribing the poor we will go broke because there are just too many poor. We can afford to give billions in corporate welfare but not trillions to the poor. I am not proposing that we do either but we certainly cannot do both. In all of this I have not included the cost of social security and Medicaid and the yet to come Obamacare. Better keep those printing presses running around the clock.

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