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Trick question

Saw this over at The Corner:

Given the aggregate $7-10 trillion in additional debt envisioned over the next four years, Obama may well become the greatest redistributor in U.S. history, at last addressing his 2001 lamentation about the absence of meaningful "redistributive change" in America. The only question at this point is whether Obama's gargantuan deficits are aimed primarily at lavishing constituencies with cash, or rather at making it necessary to raise taxes in a way that serves to reduce income inequality.

Given what we've seen in year one, the obvious answer is both.


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Comments (11)

"The only question at this ... (Below threshold)
GarandFan:

"The only question at this point is whether Obama's gargantuan deficits are aimed primarily at lavishing constituencies with cash, or rather at making it necessary to raise taxes in a way that serves to reduce income inequality."

Too bad we don't know where the MILLIONS went that he and Ayers spent on "improving" education in Chicago. That would give a pretty good indication.

of course, when you cook an... (Below threshold)
Justrand:

of course, when you cook and EAT the Golden Goose...you stop getting those splendid golden eggs!

As the pace of "redistribution" takes off, and more and more people are either living off the government teat, or working in the government...or BOTH...the number of private enterprise jobs shrinks faster and faster. And ONLY private enterprise actually generates wealth.

The Obamanistas are intent on destroying our country...and well on their way.

He is flooding the market w... (Below threshold)
Jeff Blogworthy:

He is flooding the market with paper and giving it to his pets. This has the same redistributive effect as raising taxes without actually doing it. He is robbing the American people blind through the use of inflation.

Mayor Bloomberg has finally... (Below threshold)
GarandFan:

Mayor Bloomberg has finally awaken to the fact that a small percentage of "rich" in New York City pay MOST of the taxes. He's suddenly realized that the rich, can LIVE WHERE EVER they want. And may just start MOVING OUT. Oh the agony!

Margaret Thatcher said it best: 'Socialism works until you run out of other people's money'. Only problem for Barry and Company is that their teachers never addressed the issue of what to do after the geese are killed.

The Soviets always said the state would fade away and utopia would arrive. In reality the workers figured the system out pretty fast. "They pretend to pay us, we pretend to work."
But the Obamassiah figures he can make it work.

Mindless taxes = BARRY... (Below threshold)
914:

Mindless taxes = BARRY

Planet of the APES= Here and now!


Dems = morlocks at
best!

And as usual, he's all abou... (Below threshold)

And as usual, he's all about redistributing other people's wealth. His own? Not so much.

Except those that work for ... (Below threshold)
lurker9876:

Except those that work for Obama or the federal government!

After all, the salaries for the public sector are now higher than those in the private sector.

So, how can the private sector continue to sustain over time these public sector salaries?

"So, how can the private se... (Below threshold)
GarandFan:

"So, how can the private sector continue to sustain over time these public sector salaries?"

Via the mystical powers of Obamanomics!

Trick QuestionIs B... (Below threshold)
914:

Trick Question

Is Barry black or White?

O blamed the prior administ... (Below threshold)
MF:

O blamed the prior administration during his State of the Union address for inheriting the deficit. Pretty scary that there are people believe everything he says still.

This isnt a trick! It's gra... (Below threshold)
914:

This isnt a trick! It's grand larceny.




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