BloggeRhythms

You couldn’t find a better example of liberal economic dysfunction if you searched for an ion, as illustrated below.

 

Chris Stirewalt’s,  Fox News on-line notes that, “At the White House, New York Mayor Bill de Blasio, lionized on the left for his focus on hiking taxes and spending to battle income inequality, can expect to hear a great deal on the subject from President Obama. Obama is warming up for next week’s State of the Union address, which is expected to focus on the same theme. De Blasio is also slated to address his fellow mayors today. In the universe of heavily-Democratic, very liberal, big-city mayors, the message about income inequality is a sure-fire winner.”

 

Then, further down in the same column is another item, via Breitbart stating that, “[Gov. Scott Walker, R-Wis., proposed] $800 million in tax cuts Wednesday evening, representing most of the state’s $912 million revenue surplus. Half of the cuts will be achieved through property tax reductions, and the other half will consist of lower payroll taxes, as well as lower income tax rates for the lowest state bracket. ‘What do you do with a surplus?  Give it back to the people who earned it.  It's your money,’ Walker [said] in his annual State of the State address, according to an excerpt released to the press. The tax cuts will be a core part of Walker’s new budget for the state, entitled the ‘Blueprint for Prosperity.’”

 

So, although time after time liberalism fails completely, these wrongheaded theoreticians keep pushing the same economy-destroying ideology, further crippling future advancement hopes of those who need help the most. 

 

But, beyond the proven positive results of lower-taxation and minimization of government intervention, it's also apparent that even the groups targeted by misguided liberals don’t want their help or interference, as follows:

 

“A new Fox News poll reveals that Americans aren’t exactly up in arms over the president’s preferred topic in this midterm election cycle. Only 13 percent said the government should act to promote economic fairness. Sixty-two percent said income disparities exist “because that’s just how the economy works.” While the president and some Democrats like to charge the rich are getting richer on the backs of the poor, 84 percent of those polled say that’s not so. Only 12 percent said inequality is the top economic issue facing the country. In the lead: Creating new jobs, the top concern of 40 percent of respondents. Seventy-four percent said they thought the country was still in a recession.”

 

Consequently, just like where government stepped in and ruined the best health care system on the planet to “help” 5% of the population most of whom aren’t even signing up, these two fiscal ciphers, the incumbent and de Blasio, will now dream up ways to further tax producers and in the process, kill what’s left of the economy altogether.

 

And, as far as the health care tax itself is concerned, a major insurer, Aetna,  is considering leaving the program altogether because “Obamacare has failed to attract the uninsured.” And worse, there are indications the target group may not really be interested in signing up at all, as follows from Drudge:

 

“A survey from the conservative American Action Forum could explain the low numbers of young adults who are voluntarily enrolling in ObamaCare ahead of looming penalties under the law. The group found it is cheaper for 86 percent of young people to pay federal fines than enroll in the troubled entitlement program. “Even after the mandate penalty is fully implemented, a majority of young adult households will find that it is financially advantageous for them to forgo health insurance, pay the mandate penalty, and personally cover their own health care expenses,” the report says. The study predicts that when the punishment for those who refuse to comply with ObamaCare increases in 2016, it will still be financially advantageous for 62 percent of young people to defy the law.”

 

So, today we have two glaring examples of what happens when politicians plow ahead while having no practical knowledge of the issues they adopt. And what’s even more despicable is that they amass significant fortunes for themselves, while “redistributing” the assets earned by everyone else who’s attained them. And I, for one, believe there’s something monumentally wrong with that.

 

That’s it for today folks.

 

Adios