Posted on 01/27/2014 12:52:48 PM PST by Starman417
It's been reported that Barack Obama is going focus on income inequality in his SOTU speech:
President Obama will try to pump some vitality into a lackluster second term on Tuesday when he delivers his State of the Union address.The address will include a “healthy dose” of the income inequality message the White House has focused on in recent weeks, according to one senior administration official familiar with the text.
Naturally, Obama's proposals will place the burden smack on the shoulders of small business:
The president, who has yet to add to the big legislative accomplishments of his first term, will call for raising the minimum wage to $10 per hour and extending federal unemployment benefits that expired last month.
Gratefully, a majority of Americans have awakened to the fact that Obama is incompetent:
A Quinnipiac poll released Wednesday found that a majority of Americans — 53 percent — did not believe the Obama administration was competent at running the government.
Income inequality has gotten worse under Barack Obama:
In other words, income inequality has become more pronounced since the Bush administration, not less."Rich people have pulled away, largely because the top 1 percent has been doing quite well -- and disproportionately doing quite well under President Obama," Brooks said. "Remember that the stock market has doubled in value since President Obama took office, and at least 80 percent of those gains have gone to the top 10 percent of the income distribution."
James Carville has observed that Obama has been a great President for Wall St. For the working guy, not so much.
So let's have a look at those who are going to hammer us about income inequality.
Barack and Michelle Obama: Net worth $12 million. 160 rounds of golf. Spent $100,000 of taxpayer money for Marie Antoinette's his wife's Hawaiian adventure. The taxpayers of Hawaii have to cough up $350,000 for the extra security:
KAILUA, Hawaii — During her recent visit to Maui and the home of close family friend Oprah Winfrey, First Lady Michelle Obama was escorted by Maui police.The tab for that protection? $54,233.70, said a spokesman for the Maui Police Department.
That’s a drop in the bucket, though:
Honolulu police protected the first family while they spent some 15 days during the holidays in Kailua, Oahu.
Michelle Yu, spokeswoman for the Honolulu Police Department, said Thursday the department spent $293,731.99 for overtime only, an expense that excludes normal salary pay.
Neither county police department will seek federal reimbursement for those expenses, putting the burden on local taxpayers.
In 2008, when the Obamas first visited Oahu during the holidays, the City and County of Honolulu sought reimbursement, but were never repaid. Now the county budgets for the president’s annual holiday visit.
The Obama Hawaiian vacation costs more than $4 million total for travel, staffing, security, housing, car rentals and transportation of vehicles and a helicopter.
Michelle Obama’s extended vacation on the island of Maui, which the president said was an early birthday present for her, also entailed the cost for Secret Servicetravel, rental cars and accommodations, as well as transportation.
White House Spokesman Jay Carney acknowledged in a news conference just after the First Lady flew to Maui that taxpayers are picking up some of the cost of her trip and travel back to Washington D.C., but would not disclose the details.
But they deserve it.
And that still wasn't enough. A big bash at the White House with all the 1%ers was also a necessity.
The event was closed to the press, and the White House did not release a guest list or any other details. But two guests spoke to the Tribune on condition of anonymity, describing a bash at which a deejay kept people on the dance floor in the East Room until after 3 a.m. Washington time.VIP guests, according to sources, included political luminaries Bill and Hillary Clinton, Vice President Joe Biden, House Minority Leader Nancy Pelosi, White House senior adviser Valerie Jarrett, national security adviser Susan Rice, U.S. Attorney General Eric Holder, Health and Human Services Secretary Kathleen Sebelius, Commerce Secretary Penny Pritzker and Democratic National Committee official Donna Brazile.
Other high-profile guests included Sir Paul McCartney, Magic Johnson, Chicago-born actress/singer Jennifer Hudson, singer Janelle Monae, actor Kal Penn, TV personality Al Roker, actress Ashley Judd, tennis great Billie Jean King, retired Olympic figure-skater Michelle Kwan and Facebook Chief Operating Officer Sheryl Sandberg, the sources said.
Jonathan Karl asked Jay Carney who paid for the party:
White House chief spokesman Jay Carney deflected a reporter’s question asking who paid for the first lady’s 50th birthday bash at Wednesday’s press briefing.“The first lady had her 50th birthday party and I believe you said that the president picks up the cost for that party?” asked ABC’s chief White House correspondent Jonathan Karl.
“I think we put out information on that,” Carney said. “I don’t have it here. I refer you to the East Wing.” The White House’s East Wing includes the office space for the first lady and her staff.
“I was just wondering if you have an estimate on what the cost was?” Karl prodded. “I don’t, but I would refer you to the East Wing,” Carney said, putting an end to this line of questioning.
Acting on Carney’s statement, “I think we put out information on that,” White House “Statements & Releases” going back two weeks make no mention of who’s footing the bill for the first lady’s celebration.
You know who paid for this extravagance. We did.
Marie Antoinette Obama's costly indulgences are nothing new:
(Excerpt) Read more at floppingaces.net...
Growing up there was a term for people who spent money like these people do. It ended in “rich”.
It’s related to the same reason that even when normalized for income, net worth disparities fall along “racial” (actually cultural) lines.
He just wants to cut a shrinking pie into more pieces.
Yup
You know what? I think income inequality is far lower than production inequality. So income inequality is actually too low, at least relative to production inequality. So we have inequality inequality. We have an inequality gap. I’m sure this will correct itself, nature abhors a vacuum and people as a group are more than capable of eliminating anomalies like this. If government refuses to stop meddling with the income side, the productive will finally just give up and remote the productivity inequality (go Galt, or even sign up for welfare themselves). Then whose blood will the looters suck?
If he does then he has no concept of what he wants. It's not a pie since wealth can be created. There is no way to quantify what it is he wants to slice up into pieces.
Those he would attack and take money from will always be able to create more. Those who receive these gifts will not be able to create wealth. They never will. It will always be that way.
And they didn't even get a dinner!
-PJ
ATTENTION SPEAKER BOEHNER:
Impeachment File for the 2014 Impeachment of B. Hussein Obama, aka Barry Soetoro, a documented legal citizen of the Sovereign Nation of Indonesia.
“production inequality”
A good counter-phrase. Use often.
Rinse and repeat!
Quite common among ganja-toking "What if there's no heaven" crack-pot collectivists. No, "crack-pot" doesn't technically refer to someone who does both crack and pot, at least not always. Sometimes they can articulate their dreams, but even then they're impossible or undesirable.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.