The Obama dictionary
Am I the only one getting tired of how Barack Obama is contorting and redefining words in order to make his proposals seem more palatable?
He likes to crow about “tax cuts” for 95% of families when many of those “tax cuts” are actually refundable tax credit. The difference is that tax cuts reduce the amount of taxes one owes the government while refundable tax credits can actually transfer money to people who pay no taxes – i.e. active wealth redistribution.
The Heritage Foundation took him to task for recklessly labeling all types of government spending as “investments.”
What Obama is going to fight for is massive increases in government spending; or, as he likes to call them, “investments.” Obama said the words “invest” or “investments” 22 times last night. He is staking his entire presidency on the belief that government made decisions are a wiser and more efficient allocator of resources than the millions of individual decisions Americans make every day through a functioning free market. Obama believes massive new federal spending and control of the health, education, and energy sectors will lead to better economic growth.
He is wrong. Between 1984 and 2004, real government per pupil expenditures increased by 49% and yet reading scores and high school graduation rates have either remained flat or declined. The federal government has been subsidizing “alternative” energy since the 70s and yet, alternative energies such as wind and solar power contribute only 1% of our nation’s energy needs. On health care the only thing sure about Obama’s plans is that they expand coverage in ways that explode costs, while his cost reduction measures fall short of the fundamental reforms needed contain costs. If government controlled health care were such an economic life saver, then why is all of Europe in the same economic mess we are in?
I don’t know, it may be just me, but in a real simple manner I don’t see how you can offer any tax breaks or reduce the deficit when you are spending like a high school cheerleader at a Gap sale.
I heard this and I will have to find a link, but I think it was on either Hannity or Tammy Bruce today, that Obama has already set aside more spending than all 43 Presidents before him put together.
You heard right. Here’s an article about it, complete with handy figure showing how much Obama is spending.
“The difference between the almost-right word and the right word is the difference between the lightning bug and the lightning.”-Mark Twain