This morning, NRO’s The Corner had a typically brilliant post by Kevin D. Williams (Up with the Poor, Down with the L. A. Times) which I responded to this morning (Dear Progressive: What the Poor Want from you—and What you Refuse to Give Them).
After posting my reaction The Way Back Machine took over and I remembered a question a journalist asked Mr. Obama about capital gains.
I have the memory of his answer etched deep in my memory, as I’m sure Williams does too:
It took place in a primary debate between Obama and Hilary Clinton.
Here’s how Charles Krauthammer describes it (Return of the real Obama):
In a 2008 debate, Charlie Gibson asked Barack Obama about his support for raising capital gains taxes, given the historical record of government losing net revenue as a result. Obama persevered: “Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.”
A most revealing window into our president’s political core: To impose a tax that actually impoverishes our communal bank account (the U.S. Treasury) is ridiculous. It is nothing but punitive. It benefits no one — not the rich, not the poor, not the government. For Obama, however, it brings fairness, which is priceless.
In other words, like all faithful progressives, Obama values fairness above actually helping the very people whose votes he relies on.
Here’s the video of that moment:
Can we ponder that point a moment?
The president of the United States cares more about fairness than in actually increasing federal revenues or in helping to improve people’s economic well-being.
You and I both know the reason.
Ain’t no votes for a progressive when everybody’s doing well.
No grievances to leverage.
So progressives don’t want the sick economy to get well.
In fact, virtually every governmental overreach they propose is just more cowbell for the fevers they themselves caused.
Not wanting to waste a crisis, Obama progressives threw a trillion dollars at their cronies, labelled it a stimulus that would put people back to work, then turned their focus to The Grand Prize: Universal Health Insurance.
And the economic needle moved not a tick.
Progressivism is nothing more than the political equivalent of Munchausen by Proxy.
How long are the People and the Press going to let this abuse go on?