Obama's Magic -- Wall Street Journal

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Jim
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Obama's Magic -- Wall Street Journal

Post by Jim »

POTOMAC WATCH OCTOBER 10, 2008

Obama's Magic
Presto, change-o!
By KIMBERLEY A. STRASSEL
Article

And now, America, we introduce the Great Obama! The world's most gifted political magician! A thing of wonder. A thing of awe. Just watch him defy politics, economics, even gravity! (And hold your applause until the end, please.)
To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don't pay income taxes! How can our star enact such mathemagic? How can he "cut" zero? Abracadabra! It's called a "refundable tax credit." It involves the federal government taking money from those who do pay taxes, and writing checks to those who don't. Yes, yes, in the real world this is known as "welfare," but please try not to ruin the show.

Ken FallinFor his next trick, the Great Obama will jumpstart the economy, and he'll do it by raising taxes on the very businesses that are today adrift in a financial tsunami! That will include all those among the top 1% of taxpayers who are in fact small-business owners, and the nation's biggest employers who currently pay some of the highest corporate tax rates in the developed world. Mr. Obama will, with a flick of his fingers, show them how to create more jobs with less money. It's simple, really. He has a wand.

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http://online.wsj.com/article/SB122360618747721991.html
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Post by Charlie 51 »

Too bad no one is listening

They are all too busy swallowing Obama's "load"

Hey Rocky, watch me pull a rabbit out of my hat..........
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Post by GSXRanger »

Jim, thank you for that... very interesting read.

I'm sure Little Green Footballs will be all over this...
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Post by 42L5V »

Damn fine read. One of us could hypothetically bump this in a couple of years. :roll:
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Post by Nomad »

Charlie 51 wrote:Too bad no one is listening
Nope and they don't want to hear it. The truth that is.
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Post by GSXRanger »

It's funny that most liberals will not even read this article simply because the WSJ is now owned by the owner of FOX news.

Sad, really sad.
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Post by coldsteal2 »

GSXRanger wrote:It's funny that most liberals will not even read this article simply because the WSJ is now owned by the owner of FOX news.

Sad, really sad.
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Post by Bravo57 »

I love this thread 'cause you can see both GSX's and 42L5V's avatar at the same time. 8)

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Post by KeyserS175 »

Bravo57 wrote:I love this thread 'cause you can see both GSX's and 42L5V's avatar at the same time. 8)

Glad to see I wasn't the only one thinking that!! :D
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