Trunkline 2012: Today’s News from the Campaign Trail

Bookmark and Share¬†¬† Monday’s election news wrap-up provides readers with a look at; what the candidates need to do in tonight’s debate, the importance of¬†Wisconsin¬†and New Hampshire to a Romney victory, CBS declaring¬†a winner in the election, Republicans doing well in early voting, Romney racking endorsements from paper that once endorsed Obama, Obama’s ever changing¬†story on Libya, a look¬†at Chris Christie¬†ripping the President apart, and much more:


Bookmark and Share

Obama’s Class Warfare Targets Middle Class

By now, the country is used to the rich being the easy target of the left.  When a tiny percentage of the country pays the vast majority of the tax burden, it is easy to target that tiny majority as the evil villains who only have what they have because the government paved the roads between their dorm and class room.  This allows Democrats to come out in favor of massive tax increases while not losing elections.  The only people who are affected by taxes on the rich, other than the rich, are those bitter clinger Americans who still believe in the American dream and foolishly think they could also earn more than $200,000 some day.

So what does Obama do when the Supreme Court reveals that the Obamacare tax hike is in fact a tax hike?¬† What does he do when the numbers are tabulated and we discover that the majority of people affected by Obamacare are not the evil rich, but in fact are the angelic middle class?¬† Well, it’s time to do some re-branding.

Meet the evil middle class.¬† While making more than 400% of the poverty level, they still would rather pay an annual $695 per person tax than shell out $695+ per month for health insurance.¬† These are the “free-loaders”.¬† They are the people who supposedly can afford to spend 10% or more of their income on health insurance but choose not to.¬† As a result, when they get sick we all foot the bill.

The problem is that Obamacare is designed to vastly expand the evil, free-loading middle class.¬† First, the Obamacare tax is $695 per adult, making it far cheaper than overly taxed Obamacare approved insurance.¬† Second, the $2,000 and $3,000 taxes on businesses for not insuring their employees is far cheaper than the overly taxed Obamacare approved corporate insurance plans.¬† Third, you don’t have to have insurance.¬† Under Obamacare, you can skip getting insurance right up until the doctor hands you the bill for the expensive operation you just had.

The CBO predicts that 20 million people will lose their insurance because of the Obamacare tax.¬† I’m proposing that it will be more than that.¬† Ask any American if they would like to save upwards of $8,000 a year, minus $695, by simply dropping their already frustrating insurance plan and just buying insurance as needed when they get sick.¬† Obama is about to discover just how evil, and smart, the middle class really is.

All of this may end up being an academic exercise.¬† The evil middle class free-loaders, like the rich free-loaders, will find pay the Obamacare penalty tax in order to avoid paying the more hefty Obamacare tax embedded in insurance rates.¬† But the real crippler for Obamacare taxes will be states who refuse to pay the Medicaid tax mandate involved with fully implementing Obamacare.¬† Obamacare is, as Kagan described it, a boatload of federal money to increase state Medicaid programs.¬† But that boatload isn’t nearly sufficient to meet the needs of expanded Obamacare Medicaid state programs.¬† States like Florida who refuse to partner with Obama on the vast Medicaid expansion now have no threat of losing their current Medicaid dollars.¬† Losing the cooperation of the states will make Obamacare even more unworkable.

Obama promised no new taxes for people making less than $200,000.¬† He lied.¬† Obamacare is a tax on the middle class.¬† Now that this has been made supremely official, Obama must figure out how to continue to wage his war on the middle class and somehow still get the middle class to vote for him.¬† Misinformation seems to be his best bet.¬† That’s why many Americans still think Obamacare has anything to do with being free or universal.

If Warren is Cherokee, Obama is Kenyan

In a world where Liberalism seeks inequality through ethnicity, Obama has figured out how to play his cards.¬† Perhaps part of the reason why Obama took so long to find his birth certificate is because he was making millions of dollars on book sales.¬† The books were advertised as being written by Barack Obama, the “first African-American president of the Harvard Law¬† Review” and “…born in Kenya…”.

Obama’s literary agent kept this bio until two months after Obama declared that he was running for President.¬† Then the bio suddenly changed to “…born in Hawaii…”.

As a story teller, Obama is a master.¬† He told a made up story many times on the campaign trail about his Grandmother dying of cancer and fighting with the insurance companies.¬† His girlfriend from his book turned out to be a “composite”.¬† In other words, he had a lot of girlfriends and turned them all into one nice love story for his biography.¬† In all honesty, it’s no surprise the media doesn’t know who Obama is.¬† He doesn’t seem to either.

What does it say about a President that lies about his heritage in order to sell his books?  In this case it is simply more proof of a pattern.  Whether it is paying his pastor to shut up or asking the Russian to play ball until after the election, Obama is beginning to resemble a Machiavellian liar who will say whatever it takes to advance his agenda.

However, even beyond that is what appears meaningful to the liberal.¬† Just as Elisabeth Warren decided to assume the label of Cherokee in order to advance her career, Obama went from a half-white American born in Hawaii to a half-black African born in Kenya and raised in Indonesia and Hawaii.¬† That’s a diversity product that will sell.¬†¬† In fact many rich white liberals might buy his book just to assuage their guilt over their own perceived racism.¬† Obama knew his audience.

This is not representative of America.¬† In most of America, people who lie on resumes or pay money to cover up their associations get fired.¬† People who lie about their ethnicity to get a job or sell books generally aren’t very well respected.¬† Most Americans though don’t have a complicit media all to happy to turn a blind eye.

Newt vs. the CBO

You can tell the left is afraid of someone when they bring out the big guns.  Relying on his credentials as a former conservative, Bruce Bartlett has come out attacking Newt Gingrich for policies from over a decade and a half ago that Bartlett claims are responsible for today’s Congressional malaise.  Apparently, Ginrich’s reforms were not so terrible that Nancy Pelosi would want to change them when she had the chance.

One of Bartlett’s grips is that Gingrich consistently calls for an end to the CBO because of the way the CBO does projections.  Unfortunately for Bartlett, his faith in the CBO does not have a great track record to back it up.  After recalculating Obamacare costs and tax savings of all the various bi-partisan deals that have come out, the CBO has recently had to come out and admit they blew their projection of how much Obama’s stimulus was going to save the economy, and the number of jobs saved.

The problem with the CBO is that they don’t do dynamic budgeting.  They do projections.  In other words, Bartlett points out that the CBO figured the losses from the Bush tax cuts to be $3 trillion, but those losses are calculated based on the growth during Bush’s presidency and assumes that growth would have happened no matter what.  On the other hand, dynamic budgeting would look at this prolonged Obama recession and see that we have lost close to a trillion dollars a year in tax revenues because of stagnant growth and 9% unemployment.  The CBO, and Bartlett, are not smart enough to figure that out.

Bartlett thinks the CBO is smarter than Newt.  Actually, they just use different processes.  CBO processes are the perfect product of government bureaucracy economics that assume all things are equal and that policies will have no effect beyond the typed text of the bill.  On the other hand, Newt attempts to anticipate how ideas will affect other areas of the economy.  It’s more of a successful business approach where the results of the study mean more than giving one party ammo to sell a bill, like Obamacare.  For more info on the CBO’s recent record, there is a less than flattering article over at Biggovernment.com.

So which budgeting approach is better?  Depends on if you actually care about the results, or if you are a jaded former conservative writing for the New York Times.

Trunkline 2012: Friday‚Äôs Campaign Trail News ‚Äď 10/07/11

 Bookmark and Share

Bookmark and Share

%d bloggers like this: