Monday, September 19, 2011

Class Warfare Continues


Today President Obama and his media acolytes plunged even further into class warfare by expressing a continuing desire and objective of singling out the well-to-do for greater tax increases. This, of course, would drive the country into a second recession if passed but it seemingly does not deter Obama in attempting to lay a predicate for his own re-election campaign at the expense of sensible economics.

The country has a spending problem and we have a debt of over $14 Trillion. Obama panders over and over to his base by proposing a solution of raising taxes on the people and institutions who create the jobs. That, at its best is class warfare; at its worst, it is just plain dumb.

If I were a Democrat I would pray for an LBJ type denouement and a new nominee for my party. There simply is no reason for the GOP to agree with leftist proposals which will not create jobs, not grow the economy and not create a serious restructuring in the entitlements designed reduce the debt.

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