EconomicsPolitics

Obama Campaign’s Definition of Patriotism? Higher Taxes!

Democrats are continually crying that their patriotism is in question. Well, I would argue that if your patriotism is called into question, chances are, your actions fall short of patriotic.

But now thanks to Democrat VP nominee Joe Biden, we have learned what the Obama campaign views as patriotism.

Biden was interviewed by reporter Kate Snow on ABC’s Good Morning America. After asking Biden why the Obama campaign wasn’t any further ahead in the polls than they were, Kate brought up that Americans making more the $250,000 a year would pay more in taxes under the Obama plan. Biden responded: “It’s time to be patriotic, Kate. Time to jump in. Time to be part of the deal. Time to help get America out of the rut.”

That explains a lot. Patriotism to Barack Obama, Joe Biden, and the Democrat party is not defending our freedom from those who seek to destroy us, wearing a US flag pin on your lapel, or placing your hand over your heart during the Pledge of Allegiance; it is sacrificing more of your property to the government.

Interesting that the Obama campaign faults the Bush tax cuts as the reason that the bailouts are needed for AIG, Freddie Mac, Fannie Mae, and Bear Stearns. On the Today show with Meredith Vieira, Biden said this:

“We should try to correct the problems that caused this.  And what’s caused this? The profligate tax cuts to the very, very wealthy that John wants to continue.  What’s caused this is the failure to have regulation so that, in fact — John talks about these CEOs getting these big bailout packages.”

Wrong! Government regulation did cause this mess, but not tax cuts. In large part, it was caused when Congress told financial institutions to give loans to people who wouldn’t normally be eligible for them.

The Bush tax cuts actually increased the tax burden on the rich, lowered the burden on the poor, and stimulated the economy. As a bonus, the government actually has generated record tax revenues.

The Democrat solution to the economy is increasing the tax burden on the rich while depressing the economy. The result in this case will surprisingly lead to less government revenue.

One thought on “Obama Campaign’s Definition of Patriotism? Higher Taxes!

  • David Carter

    Exalant Vary enjoyable read! I like the way you think

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