Obamanomics

[moondog]

Well, seems others are starting to understand that Obamanomics is going to be a disaster.

You can read more about it yourself.

[jgaffney]

Obamanonics means taxing you on the health care benefit provided by your employer, then giving you a tax credit to help you buy your own insurance. If it's a push, why not just leave the money in my pocket?

Because, silly, Obama is trying to push you off that "gold-plated, Cadillac health care plan" your employer provides, and get you on the universal health care plan that Tom Daschele wants to run. Also, the tax revenue generated by taxing the benefit will help to pay for health care insurance for those who don't get it as an employment benefit. So, I'm paying for your healthcare, Sunny.

[jgaffney]

Newt Gingrich explains it all:

Way back in November, when the Obama team was still flush with victory in the election, Obama White House Chief of Staff Rahm Emanuel laid out what he called “Rule One”:

“Never let a crisis go to waste.”

The Obama budget plan unveiled last week is proof that the goal of the administration is not economic recovery. The goal is an unprecedented shift of power to politicians and bureaucrats.

Ronald Reagan believed that at the center of American life was the individual. The entrepreneur. The worker. The doer. The family man and woman.

The Obama budget reveals a very different vision of the men and women at the center of American life.

They are the politicians. The bureaucrats. The interest groups that support an ever expanding government sector.

And so the American people are presented with a real choice: Which America do we want?

An America in which citizens and entrepreneurs are free and hold the power?

Or an American in which politicians and bureaucrats dominate and are in charge?

Well, which one do you want?