Kimberly Strassel pays tribute to Obama's magic in a column that usefully summarizes the internal contradictions of Obamanism:
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.
For 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.
Those of us troubled by the fact that Obama's prescriptions would aggravate the financial crisis (among the consequences of various Obama positions spelled out by Strassel) can take comfort, however small, in the fact that they show Obama to be an extraordinarily cynical politician. He doesn't believe in much, but he certainly believes in his own power to make voters believe whatever he says, even when what he says today contradicts what he said yesterday, and even when it constitutes a bald fiction."
Friday, October 10, 2008
Obama the Magician
This post from Powerline blog illustrates how politicians will promise anything to get elected. They appeal to the lowest common denominator who "want desperately to believe".