Saturday, October 25, 2008
Robin Hood Obama
You can file this picture in the humor section. Even Erroll Flynn didn't look this good in his old Robin Hood movie. Unfortunately, there is nothing funny about a charlatan promising tax cuts for 95% of the population.
After all, how can you cut taxes for people who don't pay taxes? At least, the Bush tax cuts went to those who paid taxes.
Where is Robin Hood Obama going to find all of this money?
First, he will tax the rich. Second, he will tax the rest of us. Third, he will wreck the US economy. Fourth, the US will look like France and Germany, i.e. the welfare state with high unemployment!
Alan Reynolds is a senior fellow with the Cato Institute. This is what he wrote today:
"Mr. Obama has offered no clue as to how he intends to pay for his health-insurance plans, or doubling foreign aid, or any of the other 175 programs he's promised to expand.
Although he may hope to collect an even larger share of loot from the top of the heap, the harsh reality is that this Democrat's quest for hundreds of billions more revenue each year would have to reach deep into the pockets of the people much lower on the economic ladder.
Even then he'd come up short."
In the meantime, why isn't the media demanding an explanation of how Obama plans to pay for all of these promises? The media won't do it. We have to do it! Let's hope that McCain and our side keeps running these TV ads!
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