Oh, my goodness.
President “Duality” Obama wanted his pointless but flashy “jobs summit” to be grounded in reality, not “at 30,000 feet.” He wanted to hear “details” and “real solutions,” but cautioned that nothing much would be changed by the “summit.” He said the private sector was the only way we’d get out of this mess, but that the uninvited private sector is the problem, because small businesses are greedily looking after their own survival, rather than hiring more people that they’ll only have to fire later, when the government raises their operating costs into the stratosphere.
Barack Obama – who is nowhere near as good at triangulation as Bill Clinton was- has never worked in the private sector, and – as indicated by this chart– he has no appreciation of it; he has no idea what it means to be a businessman, and to offer goods in order to create profit, which creates jobs, which create more small business -all of which generates tax revenue.
Let’s look at what even the NY Times was forced to admit, in those bad-old days of 2005-2006 and the evil Bush Tax Cuts:
…an unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year, even though spending has climbed sharply because of the war in Iraq and the cost of hurricane relief.
White House officials are expected to announce that the tax receipts will be about $250 billion above last year’s levels and that the deficit will be about $100 billion less than what they projected six months ago. The rising tide in tax payments has been building for months, but the increased scale is surprising even seasoned budget analysts and making it easier for both the administration and Congress to finesse the big run-up in spending over the past year.
Tax revenues are climbing twice as fast as the administration predicted in February, so fast that the budget deficit could actually decline this year.
The main reason is a big spike in corporate tax receipts, which have nearly tripled since 2003, as well as what appears to be a big increase in individual taxes on stock market profits and executive bonuses.
These were, of course, the years when the press was unable to deliver good economic news without a dire “but…”; when they felt completely comfortable writing headlines like these, based on nothing that was then real.
2006 was also the year the Republicans and Conservatives got distracted by A.N.S.W.E.R., who staged La Ra marches in an election year and manipulated the center-Right (who bought all those flags?) into an immigration hysteria so vast, absolute, all-consuming and inflexible that its reverberations are still being felt. Nothing at all has changed in that issue (nor will it until both sides get serious about statesmanship) but it is interesting to note that the marchers (and all those flags) have never reappeared since then. The Big Immigration Crisis of 2006 was simply a show -a brilliantly-executed tactic meant to convulse the right, which it did; they decided they’d rather pretend “shipping them all back” was an actual, viable solution and to “lose in ’06, to win in ’08.” The incredibly-wealthy Democrats (aided by the press) successfully played class warrior with the American psyche over the Bush Tax Cuts, and then went for the kill on immigration.
Honestly, after listening to Obama, today, I comforted myself by remembering that sometimes seemingly negative things must happen, in order for positives to come about; that if Rudy Giuliani had not dropped out of a senate race against Hillary Clinton, he’d have been in Washington D.C. on 9/11, and not where he was needed.
Things happen for reasons. It’s not always easy to remember that, though, when you are out of work, and the President thinks the best way to address that is by dissing small business owners and putting on a show. Remember, back in May they were telling us “the recession is over.”
I begin to feel like Barack Obama wakes up every morning, looks into the mirror through the smoke of a damp cigarette, and -like Roy Schieder in All that Jazz– smiles and declares, “Showtime!”
Allahpundit says Obama is going to make a primetime speech about his show.
Moe Lane says next unemployment figures will be up. It’s called “remaking America.” Make it stop, please.
I’m glad it’s Advent.
I hope that God will supply for everything and I feel a confidence in his divine Providence which keeps me above all troubles. So I remain calm and in peace in the midst of a thousand worries and complicates in which I should have expected, naturally speaking, to be overwhelmed.
. . .
Let us accept everything from the hand of our good Father, and he will keep us in peace in the midst of the greatest disasters of this world, the fashion of which passes away in a flash. Our life will be holy and tranquil in proportion as we trust in God and abandon ourselves to him. Without that self abandonment, this is no solid virtue, no sure repose.
— Fr. Jean-Pierre de Caussade, S.J., from Abandonment to Divine Providence
Michelle Malkin calls it: The Dog and Crony Show (I thought only Bush had cronies?)
House votes to make Estate Tax Permanent
The Forgotten Depression of 1920
Everything they hated about Bush, is what they are.
BeJohnGalt: has a roundup