Skip to comments.Obama Stimulus Robin Hood In Reverse: Poor Get Poorer
Posted on 05/14/2009 6:37:42 AM PDT by Michael Eden
Remember that woman at one of Obama's rallies saying Obama was going to pay her mortgage and fill her gas tank? No, he won't.
Remember that woman who beseeched Obama to give her a kitchen? After a momentary freebie, she's still on the down and outs, too.
"Little people" believe Obama is the ticket to "finally getting their slice of the pie." But that is only because they are naive and frankly ignorant.
The reality is that Obama will take from the haves and piss it away rather than perform the usual Robin Hood function. Just like all the liberals promising their liberal utopias before him. And the poor will actually end up worse off rather than better off as the overall economy shrinks due to Obama's policies.
Newsflash: the poor will remain poor under Obama's stimulus giveaways.
STIMULUS WATCH: Jobs, but not where needed mostI seem to recall hearing the Republicans - who were completely locked out of the $3.27 trillion Obama stimulus plan - predicting that this spending plan wouldn't stimulate anything but the size of an already-bloated federal government. And lo and behold: Obama promised Caterpillar his stimulus would save the day for them, but it hasn't done squat for them; and state after state is saying the stimulus package hasn't helped them. Oh, well: what's a few trillion dollars wasted?
By MATT APUZZO and BRETT J. BLACKLEDGE, Associated Press Writers
WASHINGTON The billions in transportation stimulus dollars that President Barack Obama promoted as a way to create jobs shortchange counties that need the work the most, an Associated Press analysis has found.
The AP's review of more than 5,500 planned transportation projects nationwide is the most complete picture available of where states plan to spend the first wave of highway money. It reveals that states are planning to spend 50 percent more per person in areas with the lowest unemployment than in communities with the highest. The Transportation Department said it will attempt to replicate the AP's analysis as it continues pressing states to dole out money fairly.
One result among many: Elk County, Pa., isn't receiving any road money despite its 13.8 percent unemployment rate. Yet the military and college community of Riley County, Kan., with 3.4 percent unemployment, will benefit from about $56 million to build a highway, improve an intersection and restore a historic farmhouse.[...]
The AP reviewed $18.9 billion in projects. They account for about half of the money set aside for states and local governments to spend on roads, bridges and infrastructure in the stimulus plan.
The very promise that Obama made, to spend money quickly and create jobs, is locking out many struggling communities needing those jobs.
The money goes to projects ready to start. But many struggling communities don't have projects waiting. They couldn't afford the millions of dollars for preparation and plans that often is required.
"It's not fair," said Martin Schuller, the borough manager in the Elk County seat of Ridgway, who commiserates about the inequity in highway aid with colleagues in nearby towns. "It's a joke because we're not going to get it, because we don't have any projects ready to go."
Quote: "The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion." That' $42,105 for every single man, woman and child in the U.S. Where's your $42,105 slice of the pie? I know I haven't seen mine yet. And I'm not going to hold my breath that I ever will.
Obama is promising a "tax cut" for 95% of Americans (which actually just means more welfare for the 43.4 percent who already don't pay any federal income tax at all) at the expense of taxing the bejeezus out of the wealthiest five percent (including a great many small business that employ most of our workers who file as individuals). But how much is Obama going to actually put in your pockets? Answer: Nada. Nothing. Zilch. And a lot of poor and middle-class workers are going to wake up very surprised one day as they find out that "taxing the rich" cost them their jobs.
You're going to be paying more for your electricity. A lot more. In fact, Obama promised that "electricity rates would necessarily skyrocket" under his energy plan.
You're going to be paying a lot more for your next car. Again, a lot more. As auto analyst Rebecca Lindland put it, The consumer needs to understand that they will see significant increases in the cost of vehicles." As much as $10,000 more, in fact. You've got Obama now. And soon you'll have a bus pass to go along with him.
If you'd like to keep your own health care benefits, you'll be paying taxes on them under Obama's new plans. In a dramatic reversal from his campaign position, Obama is now "open" to taxing health benefits in order to gin up money for his socialized system.
And you WILL be paying more in taxes, whether you're smart enough to realize it or not. The average 30 year old will pay $136,932.75 just for the interest of just Obama's 2010 budget over the course of his or her working lifetime. Obama's massive budgets are stratospheric even in spite of the fact that he keeps lying about it. Obama's $3.6 trillion 2009 budget adds more to the debt than all previous presidents - from George Washington to Goerge W. Bush - combined, according to the Wall Street Journal's Michael Boskin. And that was BEFORE Obama raised his current budget deficit by another $89 billion. That means the budget red ink will top $1.8 trillion - more than FOUR TIMES the record set by Bush last year. That means the US will borrow nearly 50 cents out of every dollar it spends.
And you think someone else is going to continue to pay for all of that? When we could literally confiscate all the wealth of the richest 5% and STILL NOT scratch the surface of all the debt we are accumulating?
In 2008 we spent $412 billion to service the $11 trillion national debt. That figure will easily double over the next ten years, dwarfing everything else in the federal budget. Obama's spending will add $9.3 trillion to the national debt, nearly doubling it. Obama's spending will cause debt to double from 41% of GDP in 2008 to a crushing 82% of GDP in 2019.
You may be like the women who believed that Obama would pay their mortgages, fill their gas tanks, and give them new kitchens. But you seriously need to realize something: what Obama is far more likely to give you is food riots by 2012.
Trickle up poverty.
Amazing that many of the same people who decry religion as “pie in the sky by and by” swallowed Obama’s fantasy.
Bush had the War on Terrorism, 0bama has his War on Prosperity.
Dennis Moore, Dennis
Moore, Dennis Moore
Dennis Moore, Dennis Moore
Riding through the land
Dennis Moore, Dennis Moore
Without a merry band
He steals from the poor
And gives to the rich
(Wait a tic....blimey this redistribution of wealth is trickier than I thought)
Remember, Robin Hood stole from a corrupt government that levied excessive taxes and gave it back to the tax payers.
Liberalism always generates the opposite effect of it's intent.
G.K. Chesterton put it best: "When people stop believing in God, they don't believe in nothing -- they believe in anything."
Our new Robin Hood has an entirely different modus operendi.
the “age of 0bama” is a robin hood story... the press just forgets to tell you that 0bama is the sheriff of notingham and the liberal congress-critters are his guards... all getting fat paychecks from the citizens money
i find it funny that the left cannot realize that taxes were the mechanism of the oppressor...
I remember Obama’s interview with O’Reilly. O’Reilly got Obama to admit that his plans to further tax capital gains would undermine the economy. But then Obama said it was “about fairness.”
That’s the thing. Obama will sabotage the economy out of some warped liberal view of “fairness.” Said fairness is defined as the view that the person who worked hard for his money is not entitled to it, but should share it with slackers.
The overall economy will shrink, but the slackers are promised a bigger chunk of the smaller pie.
And let’s not forget that Obama has been ROUTINELY using “Sheriff of Nottingham” tactics against anyone who has stood in his way (e.g. Bush officials, Chrysler bondholders, the state of California...).
That still serves the leftist economic end - reducing disparity, the gap between the rich and the poor, the haves and the have-nots, the insured and the uninsured, the healthy and the lame. Absolute measures of poverty are a facade used to trick the proletariat into accepting the "gross accumulation of relative wealth [and thus power!] by the bourgeois".
Take a room of 30 people - each is starving, engulfed in flame, diseased by leprosy, blind, deaf, and illiterate. So far, perfect equality - a perfect miniature society. Douse one individual with water to extinguish the flames and you have produced a bourgeois. While only the insane would suggest not to do the same to all others, a subset of apparently sane within our culture would prefer that lucky doused man to be reset aflame rather than permit the disparity in socioeconomic conditions to persist (if one were for some reason unable to similarly douse the other 29).
When the social disease recognized goes from poverty to disparity, as so happened when the definition of "liberalism" was perverted, a perversion of economic and moral thought should be expected.
Hard fact is the morons that are so excited about this phony are the ones that will get hurt the most. It’s poetic justice. When he won the election I started the process of paying off everything I own and not buy any more major items. The people I know that voted for him are buying like there is no tomorrow. Their thinking is that things are going to get so good now that the messiah is in office that life is going to be a joy. It really is quite comical seeing them strapped to the tracks and cheering the oncoming train!!!
Obama also said he was going to create jobs... He failed to mention those jobs would be outside America, e.g. GM China...
I remember a joke that illustrates your point:
An American riding the bus sees a man driving a Ferrari and says to himself, “Some day I’m going to own a Ferrari.”
A European riding the bus sees a man driving a Ferrari and says to himself, “Some day that sonofabitch will be riding the bus just like me!”
And of course, conservatives represent the American view, and liberals the European view.
If liberalism had any correspondence to reality in this regard, I could sue Brad Pitt for being more handsome than me, win my case, and get my new Brad Pitt face and body.
I’ve got an article planned that I will entitle, “Playing Russian Roulette With Liberals” that mirrors your point.
American is in the process of destroying itself - and we’re watching it happen before our very eyes.
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