The Other McCain‘s take on The Current Occupant’s Current Slogan:
Attributing systematic and deliberate unfairness to Republicans as The Party of the Rich has been the basic message of the Democratic Party for as long as any living soul can remember. It is their raison d’être, their stock in trade, their Fundamental Article of Faith. There are jihadis in Waziristan and snake-handlers in Appalachian hollows less zealous in their beliefs than are Democrats in the grip of a class-warfare revival, and Obama is their Elmer Gantry. Watching his Davenport sermon on TV, you almost expected to see someone leap up in the audience, fling away his crutches and shout, “Hallelujah! I can walk!”
The gospel tract of this Democratic crusade is The Plan, the greatest promise of which is that it “will cut the deficit by $4 trillion over the next 10 years,” as Obama told his Davenport congregation, “but we’re going to do it in a balanced way. We’re going to cut out spending we don’t need, but we’re also going to ask the wealthiest Americans to pay a little bit more.” None of his cheering admirers would dare question that claim — for surely a Lightworker would never lie to them — but the infidels at the Wall Street Journal did the math and found that Obama’s tax hike on the rich “increases revenue only between $50 billion and $80 billion a year, a rounding error in the $1 trillion-plus deficit era.”
Such is the unavoidable problem with The Plan. However much it may satisfy the class-warfare fervor of the Democratic faithful, taxing the rich won’t fix the deficit. As for Obama’s promise to “cut out spending we don’t need,” it is impossible for any honest and intelligent person to take seriously such a promise coming from the man who recklessly squandered taxpayer money on “green energy” boondoggles like Solyndra.
Read the whole thing at The American Spectator.