Posted on 06/15/2009 7:02:32 AM PDT by mgc1122
GOP Briefing Room Exclusive Content
Why the Rich Will Get Richer Under Obama By Victor J. Massad
Victor J, Massad, Ph.D. is a semi-retired professor of marketing & business at a Pennsylvania college.
The Google search “spread the wealth around” yields 221 thousand results, nearly all of which discuss then-candidate Barack Obama’s most candid moment in the 2009 presidential election campaign. What Obama said was this:
"It's not that I want to punish your success. I just want to make sure that everybody who is behind you, that they've got a chance for success, too. When you spread the wealth around, it's good for everybody."
For liberals and conservatives alike, the statement was like opening an old political wound. It exposed the essential philosophical difference between the two political persuasions. Modern day progressivism is built on the assumption that wealth inequality is negative for our society, and that government needs to play a fundamental role in seeing to it that the gap between rich and poor in America is reduced.
Paradoxically, the highest income earners in the country were either unthreatened by Obama’s rhetoric, or voted against their self-interest, as 52 percent of voters who earned more than $250 thousand per year voted for Obama. Some may find this confounding, but if one assumes that these voters were rational, economic thinkers, a case can be made that they were actually voting in their self-interest. In point of fact, in spite of the high-minded oratory to the contrary, progressive policies will likely make the rich richer and the poor even poorer, and it is therefore the poor who were voting against their self-interest when they voted for Obama.
Here are 5 reasons why the Obama presidency will exacerbate the wealth distribution “problem” in the USA:
(Excerpt) Read more at gopbriefingroom.com ...
In reality, the rich get richer, regardless of who is in office...it’s what they do.
the poor will all be kept poor utilizing the Dhimmi party plantation system and the middle class will join them.
the rich will be the politburo...the power in the kremlin...er...the beltway.
“its the middle class, the dread bourgeoisie that zer0bama will eliminate.”
Yep ... as for the rich, they do manage to survive if not thrive.
Select rich people will get richer. Only elites allowed.
“In reality, the rich get richer, regardless of who is in office...it’s what they do.”
Only the perception changes ... eeeevil rich support the GOP, while kind caring billionaires love Obozo. LOL
But who will get their money after they are guillotined?
“But who will get their money after they are guillotined?”
I think they plan on writing themselves a check and putting it inside their burial suit .. ;)
For the rich - Happy Days are Here Again and Again and Again.
“For the rich - Happy Days are Here Again and Again and Again.”
The rich as classically defined ... not the “rich” making $85k a year as the rat party would envision.
The only thing he overlooks is the possibility of a tax on “wealth” rather than income. It has been done other places during the entry to a socialist state.
They could seize our 401k’s, raise property taxes to onerous levels, limit the use of our capital, etc.
People of this mindset have no limits on the reach of govt.
I have no problem with rich people I would like to be one how they get rich is another thing.
“The only thing he overlooks is the possibility of a tax on “wealth” rather than income. It has been done other places during the entry to a socialist state.”
Would mark the tipping point toward an ugly response by even the most double digit IQ ...
The rich will not get richer under Obummer at all.
Redistribution of wealth wipes out the rich.
But then what happens after that?
The rich and the wealthy are the ones that create jobs and without any money, jobs go down the drain.
So the folks Obummer and his administration purport to help are only hurt again in the long run.
Libtards are useless morons.
The rich will not get richer under Obummer at all.
Redistribution of wealth wipes out the rich.
But then what happens after that?
The rich and the wealthy are the ones that create jobs and without any money, jobs go down the drain.
So the folks Obummer and his administration purport to help are only hurt again in the long run.
Libtards are useless morons.
Oppressive systems usually have the support of the super rich (who will run things in any case) and the very poor who provide the mobs and the ‘poor oppressed people.’
true
Great article!
“Great article!”
It speaks to the truth about Obozo, and how his cronies — just as rich and more twisted as any hated by the left will thrive.
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