By L&T Managing Editor Larry Phillips
A political cartoon by Margulies last Wednesday was quite poignant to me.
A couple sits on the couch watching a TV report covering Obama playing golf. The newscaster says, “President Obama escaped snowy Washington for a few rounds of golf in sunny California …”
The wife interrupts saying, “It helps him maintain his focus on inequality.”
Very funny and very sad.
I’m sure the irony is lost on the minions that idolize the man. The same man who said during his State of the State Address:
“After four years of economic growth, corporate profits and stock prices have rarely been higher, and those at the top have never done better. But average wages have barely budged. Inequality has deepened. Upward mobility has stalled...”
Americans were sitting on the edge of their chairs ready for a bold economic initiative…
What did they get?
Shortly after the address, Obama raised the minumum wage for contracted government workers.
That diminishes inequality?
He helps out maybe 200,000 to 300,000 government workers while the Congressional Budget Office estimated the wage increase, alone, will cost 500,000 other workers their jobs.
Unbelieveable mathematician, isn’t he?
Columnist Star Parker had some great comparisons of inequality and equality.
“No one likes inequality. But how do we define equality?” she recently wrote. “For freedom-lovers, a fair race between people is equality.
“For socialists, every racer must cross the finish line at the same time to obtain equality,” she continued. “For progressives to reach this dangerous utopian vision, they must hold back the liberty of those who try to be the first to cross the line.”
There’s a woman who gets it, and a black woman that understands what a minimalist president pushing minimalist ideas does to the well-being of Americans – Americans of all colors – and especially black Americans.
So now Obama comes out with plans to decrease all aspects of the military to cut spending. Is this projected savings going to pay down the national debt?
Not on your life. It’s in order to have more to spend on entitlements – to defeat “inequality.”
Many know it’s really in order to get more and more people feeding at the government trough. If he can get a comfortable 55 to 65 percent of the voters in this country living off the government and not paying taxes, he’s sure the Democrats can maintain a hold on this country for years – at least until it goes bankrupt and China takes over. (Might want to check into those Chinese lessons now).
News reports and rumors have it Obama also wants $300 billion for a transportation stimulus package – and possibly much more.
I guess he believes since his first stimulus package failed, he needs to try, try again.
Here is something that is skipping its way across the world wide web. I’ve massaged it a little, but the point is right on.
I only wish Obama would read it. Of course, if he’s that bad at math, I doubt he understands parables either.
It's a slow day in the small town of Dummyville and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.
A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.
As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier at the co-op.
The guy at the co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel owner then places the $100 back on the counter so the traveler will not suspect anything.
At that moment, the traveler comes down the stairs, says the rooms are not satisfactory and picks up the $100 bill and leaves.
Here’s the moral to the story:
No one produced anything.
No one earned anything.
However, the whole town now thinks that they are out of debt and there is a false atmosphere of optimism and glee.
And that, my friends, is how a “stimulus package” works.