Per wsj.com, President Barack Hussein Obama (mm mmm mmm) will grace us with a national address on television this Wednesday night. During the upcoming speech, he will unveil his brilliant plan to reduce America’s deficit, after the parade has passed him by.
But that’s not all. America’s sooooper genius will also present a plan to rid those evil, rich people of some more of their money, in order to spread the wealth around.
During this Wednesday’s speech, the president will unveil his plans for cuts to entitlement programs, including Medicare and Medicaid, and changes to Social Security. He also will premier plans tax increases for people making over $250,000 a year, which are contained in his 2012 budget, and, of course, our socialist president wants to change parts of the tax code he thinks benefit the wealthy.
David Plouffe, a senior White House adviser, hit the Sunday morning talks shows yesterday, as a messenger, or herald, trumpeting the upcoming arrival of the Leader of the Regime and the magnificence of his upcoming pronouncement:
Every corner of the federal government has to be looked at here. Revenues [tax increases] are going to have to be part of this.
Wow. It’s pretty easy to be brave after the first wave takes all of the enemy’s fire for you, isn’t it?
According to White House insiders, Obama’s planned speech has caught Democrats in Congress off guard, and no one seems to know the details of the speech itself.
According to Plouffe, Obama will name a specific amount for deficit reduction, although, so far, the White House has kept mum about the amount.
Obama’s and his Administration’s excuse for the after-the-fact nature of this Presidential Address is that, even though they have long been working on a comprehensive plan to tackle the country’s debt, they waited so they would not complicate budget negotiations that almost shut down the government.
Rep. Eric Cantor (R – VA), the No. 2 Republican in the House, is not buying what the White House is selling. According to Cantor, Obama already passed up his chance to show how serious he is about deficit reduction with his 2012 budget:
Instead of returning back to the age-old playbook of raising taxes so that spending can continue, I think maybe the White House ought to take a look at what we’re talking about…which is to cut spending as well as to reform these entitlement programs.
Rep. Cantor said that the debate over top personal-income-tax rates has already been “settled” by last year’s elections and the end-of-the-year tax deal:
It was then that we all agreed it wouldn’t be a good thing if we want to see job creation for taxes to go up.
Rep. Paul Ryan (R., Wis.) released a plan last week that would make permanent the tax cuts approved under President George W. Bush. It would also close loopholes and lower tax rates. Ryan’s plan would essentially privatize Medicare and cut Medicaid spending by turning the program over to states to run. The GOP plan cuts $6.2 trillion over 10 years. Mr. Obama’s budget forecast a $1 trillion cut over the same period.
No one is sure what sort of Medicare cuts that Obama will be offering in his speech on Wednesday night. Plouffe would only say in his Sunday talk show appearances that the White House supports the Ryan provisions that preserve Medicare savings already in the health law. Regarding Social Security, Plouffe would only say that Obama is willing to work with Congress on a long-term plan.
Obama’s fellow Democrats are not impressed.
Around a month ago, senior Congressional Democrats pleaded with the White House to get involved in some bipartisan deficit-reduction talks led by a group of senators known as the Gang of Six. The Democrats thought that Obama could influence the talks before they became too focused on spending cuts. A Democrat from that group said that they never saw any help from the White House in the matter.
The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.
Merriam-webster.com defines socialism as:
…any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
…a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state
…a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
Are you catching my drift? Mr. Thomas was right. I think that he and the president would have been fast friends.