Wednesday, January 21, 2009

An Uncertain Tomorrow

President Obama's speech, hailed by the left as a pragmatic address, has finally come under scrutiny for some of the terminology used.

As I wrote yesterday, he offered up a bleak American future. Accompanying his ominous tone, he warned the American people of "sacrifices" and "unpleasant decisions ahead".

The Politico website is addressing this issue and have gathered the opinions of a wide variety of experts- ranging from liberal academics all the way to the ├╝ber conservative president of Americans for Tax Reform.

I will paraphrase some of their analysis of just what "sacrifices" our new commander-in-chief had in mind.

Dr. Calabresi, a law professor at Northwestern University, has two ideas of sacrifice: Raising the age in which an individual becomes eligible for social security benefits and a tax increase to allow for public education to compete with the ever growing private institutions.

Ross Baker, a political scientist at Rutgers, believes now is the perfect time to increase federal tax on gasoline.

Joel Kotkin, an author, says the government must "...Extract much more from the super-affluent".

Gary Clyde Hufbauer, an economist at the Peterson Institution, believes the federal government should start regulating the pay of CEOs from the private sector. He is a fervent supporter of capping salaries at a number determined by the federal government.

Do you see a recurring theme folks?

The bottom line is that you will be taking home less money at the end of the week so the liberal Democrat Party can fund the most massive expansion of the federal government since FDR's New Deal.

But I will give the final word to Grover Norquist, president of the Americans for Tax Reform. I am currently reading his book which is a compelling read for any conservative, Leave Us Alone: Getting the Government's Hands Off Our Money, Our Guns, Our Lives.

Of the "sacrifices" and "unpleasant decisions" to which President Obama was referring, Mr. Norquist boldly counters:

"When Reid, Pelosi and Obama refer to 'sacrifice' they mean taxpayers and consumers are going to have to pay dearly in tribute to the new trial lawyer, union boss, big city machine ruling class."

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