Got Stupid? Americans Embrace Obamanomics

Don Feder, GrassTopsUSA.com

“Democracy is the theory that the common people know what they want and deserve to get it good and hard.” — H.L. Mencken.

According to an April 17-19 Washington Post-ABC News Poll, a majority, or at the very least a plurality, of Americans are: 1) insane; 2) brainwashed; 3) really, really stupid; or 4) so naïve that they need to be restrained to keep them from harming themselves.

In this survey, the president has a net favorability rating of 52% (“somewhat favorable” plus “strongly favorable”), this notwithstanding that from January 2009 to April 2011 – the retail price of gas rose 69.6% (in the Chicago area – it now averages $4.17 a gallon) unemployment-benefit recipients are up 22% and the number of long-term unemployed rose 146%.

Still, more than half of Americans have a favorable opinion of the man who’s steered the ship of state during that period. On the plus side, there was no shortage of ice aboard the Titanic – as it sank.

By 45% to 44% Americans say they trust Obama over the GOP to do a better job of cutting spending to balance the budget. Okay, so we padlock the Pentagon, fire the Border Patrol – and then what?

Americans trust the president to “handle taxes,” over Republicans, by 47% to 42%. Dracula would have done an exceptional job running a blood bank.

When it comes to protecting the middle class, the public prefers the president to Republicans by 51% to 39%. As a candidate in 2008, Obama characterized Middle America as the domain of gun nuts, religious fanatics, bigots and xenophobes. So, a majority expect the president to stand up for folks for whom he has the utmost contempt. That’s logical.

Of those surveyed, only 39% think Obama’s views are “too liberal,” 8% think they’re “too conservative” (who knew the American Communist Party was that large) and 49% think the knee-jerk opinions of this doctrinaire leftist are (I kid you not) “about right.”

When it comes to tackling that pesky national debt, 69% oppose cutting Medicaid (medical welfare for the poor) and 78% oppose any reduction in Medicare (medical services for the elderly), but 72% support attacking that combination scapegoat/piggybank – taxpayers making over $250,000 per annum.

At the same time, 44% (a plurality) said the economy is getting worse, 37% (also a plurality) said jobs are getting scarcer in their area, 78% have noticed that retail prices are rising, and 71% said increases at the pump are causing a financial hardship in their household. Not to worry, the president feels their pain – on alternate weeks when he’s not on vacation, which happen to be the safest times to live in America.

What would it take to get the 57% who think our beloved president isn’t too liberal to change their minds: If he went on television Sunday mornings and read excerpts from “Das Kapital” to the kiddies, if he put George Soros on a $20 bill, if he channeled Che Guevara, if he and his pals Jeremiah Wright and Al Sharpton formed the Marxist-Leninist Chorale Group and sang a medley of old Soviet tunes?

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Millions of Jobs Shipped Overseas — and How to Bring Them Back

Tom W. Pauken, FloydReports.com

On the day the International Monetary Fund predicted China will surpass the United States as the world’s largest economy in five years, this article about the gutting of America’s financial base seems more fitting than ever. Conservatives may debate his solution, but it must be given a hearing in a national discussion to restore our lagging economy — and the sooner, the better. The headlines show us, time is not on our side — The Ed.

U.S. multinational firms are shedding millions of American jobs while adding millions overseas. According to a recent Wall Street Journal story, newly released data from the U.S. Commerce Department showed that from 2000 to 2009, big firms eliminated 2.9 million jobs in the U.S. while creating 2.4 million jobs in other countries.

These new numbers underscore that the persistently high unemployment rate the U.S. currently faces is not simply the result of the most recent recession. Rather it’s part of a decade-long trend in which has there has been zero growth in private sector jobs nationally. Our onerous business tax system, with its 35 percent income tax rate and its 6.2 percent employer portion of the payroll tax, makes it clear why this is happening. This system rewards debt – which is deductible – while punitively taxing the engines of economic growth – capital investment, employment, and savings.

Over the past four decades, every other major trading country in the world has put into place a border-adjusted business consumption tax which places our companies, on average, at an 18 percent tax disadvantage with our trading competitors. Meanwhile, foreign manufacturers of goods shipped into the United States don’t have to pay our corporate taxes and simultaneously receive a tax credit on their business consumption tax back home.

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Cartoon of the Day: Guess Where Obama Wants to Drill, Baby, Drill

Change You Can Believe In: Tax Hikes are Now “Tax Expenditures”

Floyd and Mary Beth Brown

Obama is a born again deficit cutter. He wants, according to his speech at George Washington University this week, to slim down nation’s deficit by a whopping four trillion dollars in the next 12 years. To achieve this miraculous goal he has a top secret weapon. It is called the “tax expenditure.”

Now tax expenditures are not new. They have been around for many years, only we knew them by a different name. The old- fashioned name which is heretofore banned from the lexicon is: tax increase.

But everyone knows tax increases are bad, so Obama and his team must be thinking that if they changed the name the voters wouldn’t notice. There is a deeper philosophical reason for the changing language, and it has to do with the fundamental difference between his vision and the Republicans’ vision for the future.

If you assume that all money belongs to the government and the people are privileged to get back some of the product of their labor, then the money doled out to the pockets of Americans must be expenditures….

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Cartoon of the Day: Obama Believes You Should be Punished