From those with means to those in need
In fact, his policies are so blatantly full of income redistribution that even the sympathetic media can't pretend it is not happening.
The combined effect of the two revenue-raising proposals, on top of Mr. Obama’s existing plan to roll back the Bush-era income tax reductions on households with income exceeding $250,000 a year, would be a pronounced move to redistribute wealth by reimposing a larger share of the tax burden on corporations and the most affluent taxpayers.
The problem the Republicans CURRENTLY face is that the mood in the country favors income redistribution and the amount of spending the Obama administration is proposing is so massive that it actually becomes difficult to put into perspective. Take this Rassmussen poll for instance that shows a healthy majority favoring Obama's proposal to raise taxes. Furthermore, this Politico story illustrates just how difficult it is for Republicans to gain traction against all this spending.
A billion here, a billion there, pretty soon you’re talking about — well, pretty soon no one has a clue what you’re talking about. And as President Barack Obama prepares to unveil his 2010 budget, that’s becoming a daily headache for Republicans.
After $787 billion for a stimulus plan, $700 billion for a financial markets bailout, and $410 billion for a proposed end-of-2009 spending plan, getting folks fired up about whether the 2010 budget is $3.6 trillion rather than, say, $6.3 trillion is not just a political challenge; it’s a cognitive one.
Human beings have a hard time differentiating between millions and billions and trillions, let alone the numerical subsets thereof. To most of us, it just registers as “a whole lot.”
As the mathematician Ronald L. Graham once said, “Our brains have evolved to get us out of the rain, find where the berries are and keep us from getting killed. Our brains did not evolve to help us grasp really large numbers or to look at things in a hundred thousand dimensions.”
The Republicans need to keep their cool and think fourth dimensionally right now. (the dimension of time or toward the future) As President Obama continues his crusade for a massive expansion of government and even more massive redistribution of wealth, the Republicans must once again become the party of fiscal discipline and tax cuts.
The reason that big government spending and income redistribution are so popular right now is two fold 1)President Obama is popular now and 2) they haven't yet taken effect. So far, all we have is promises: millions of new jobs, health care for all, energy independence, etc. At some point, we will be faced with reality.
If income redistribution and big government worked, Venezuela, Cuba and Europe would all be thriving. That they aren't is proof positive that such schemes are bound for failure. President Obama now owns all of the spending and soon enough he will own the economy. Come 2010, the astronomical spending can easily be put into perspective.
Let's say our unemployment rate will be above 8%. That would mean that the President would have spent an additional $4 trillion and added an addition $2 trillion to our deficit to grow our unemployment rate by half a percent. That's quite a lot to spend in order to grow our unemployment rate.
President Obama will be judged by the performance of the economy and it is very hard to see just. It looks like we will lose in excess of half a million jobs in February and for the indefinete future. The President's plans aren't merely bold but they are very expensive. Spending this much money demands superior performance. If the unemployment rate come 2010 is more than it was when he took office, that is simply unacceptable given how much money he has spent.
That's what the Republicans will need to pounce on. The folks are currently dizzy from all the spending because it is happening all at once. At some point, people will take a step back and add it all up. It will be nearly $800 billion in stimulus. It will be $300 billion in mortgage bailouts. It will likely be an added $750 billion at least in another round of bank bailouts. There will be another $634 billion for universal health care. There's still unclear sums for auto bailouts, energy independence, and education. That's all on top of normal spending which is increasing as well. The public should demand nothing less than economic bliss for such an obscene amount of government spending.
Frankly, the Republicans can and should hold the President accountable for nothing less. The dizzying numbers will come into focus. His radical economic agenda can then be judged. If and when our unemployment rate is still above 7%, the Republicans will need to ask forcefully how much his own tax cuts contributed to it. If and when the unemployment rate is still above 7%, the Republicans must ask how much his bold agenda contributed to it. If and when the unemployment rate is still above 7%, the Republicans must ask how much out of control government spending contributed to it.
Nothing contributes more to putting tax cuts and fiscal discipline back in favor more than a few years of out of control government spending and income redistribution. That's what we will have for the next two years. The Republicans philosophy may in fact be out of favor now, but give things time, soon the public will find those concepts back in favor.