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How Obamanomics Promotes Inequality
Heritage ^ | January 29, 2014 | Stephen Moore

Posted on 01/29/2014 11:38:32 AM PST by LucianOfSamasota

The great Obama contradiction on the economy is this: he takes credit for the improved economy, but openly admits that in this recovery almost all of the gains have gone to the very rich.

Here is the disturbing passage from Obama’s State of the Union speech that I refer to:

“What I believe unites the people of this nation…is the notion that if you work hard and take responsibility, you can get ahead.

“That belief has suffered some serious blows… Today, after four years of economic growth, corporate profits and stock prices have rarely been higher, and those at the top have never done better. But average wages have barely budged. Inequality has deepened. Upward mobility has stalled. The cold, hard fact is that even in the midst of recovery, too many Americans are working more than ever just to get by – let alone get ahead. And too many still aren’t working at all.”

(Excerpt) Read more at blog.heritage.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: sotu
What I believe unites the people of this nation…is the notion that if you work hard and take responsibility, you can get ahead.

Isn't this the OPPOSITE of income equality?

Obama starts with a true statement, and then twists the meaning into the exact opposite.

Perhaps this is the hallmark of proficient lying?

1 posted on 01/29/2014 11:38:32 AM PST by LucianOfSamasota
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To: LucianOfSamasota
"What I believe unites the people of this nation…is the notion that if you work hard and take responsibility, you can get ahead." (Barack Obama - 1/28/14)

Isn't this the OPPOSITE of income equality?

Obama starts with a true statement, and then twists the meaning into the exact opposite.

Perhaps this is the hallmark of proficient lying?

It's the old class warfare game based on the fantasy that the economy is finite and that those who have more have it at the expense of those with less. Obama uses this lie to claim that his economic plans have been successful but passes the blame for the fact that most Americans are not better off five years into Obama's presidency onto 'the rich' who are, somehow, taking all the money. Utter rubbish but then, it's Barack Obama talking and lies are his mother tongue.

2 posted on 01/29/2014 11:49:34 AM PST by Jim Scott
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To: LucianOfSamasota

“Perhaps this is the hallmark of proficient lying?”

Perhaps, but I think President Obama is blinded by his ideology. Equality means something entirely different to a leftist, and Obama has been stewed in leftist ideology for his entire life. I don’t think it’s possible for him to see things from a different perspective.

I also agree with the premise that Obamanomics creates the very inequality that the President rails against. The only people who seem to get ahead under this administration are those in business or politics who have connections to the government. Corporations, for example, wouldn’t spend so much on lobbying if didn’t pay off.


3 posted on 01/29/2014 12:00:01 PM PST by CitizenUSA (Sodomy and abortion: the only constitutional rights cherished by Democrats.)
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To: LucianOfSamasota
Obama's "contradictions" simply reflect reality.

His ideology, when implemented through coercive policies, produces the opposite of those things which his flourishing rhetoric claims.

Thankfully, at the time of America's founding, the wisdom of "the People" and the principles and policies of their leaders were agreed on certain basic understandings of human nature.

Consider the following essay which pursues the idea of equality in a republic, as published in The Founders' Constitution.

Nathaniel Chipman, Sketches of the Principles of Government 177--82

Volume 1, Chapter 15, Document 51

Of the Nature of Equality in Republics.

Some of the most eminent writers on government, have supposed an equality of property, as well as of rights to be necessary in a republic. They have, therefore, prescribed limits to individual acquisition. The Reason given is, that riches give power to those who possess them, and that those who possess power, will always abuse it to the oppression of others. If this be a good reason for limiting the acquisition of riches, there is equal reason for limiting the improvement of bodily strength and mental abilities. Such a step would be an abridgement of the primary rights of man, and counteract almost all the laws of his nature. It would, perhaps, could it be reduced to practice, place the whole human race in a state of fearless quietude; but it would be a state of tasteless enjoyment, of stupid inactivity, not to be envied by the lowest tribes of the animal creation.

If such be the principles of a republican government, it is a government out of nature. Those have made a wiser choice, who have submitted to the less tyrannical principles of absolute monarchy. These are not the principles of a republic. They are the principles of anarchy, and of popular tyranny.

We have just now enquired into the nature of equality among men, and have seen in what it consists; a free and equal enjoyment of the primary rights, which are, the intellectual rights, and the right which men have of using their powers and faculties, under certain reciprocal modifications, for their own convenience and happiness. The equality necessary in a republic, requires nothing more, than this equality of primary rights. I shall here instance in the right of acquisition only, as being sufficient for my present purpose.

To the security of this right, certain regulations, as to the modes and conditions of enjoying the secondary rights, or in other words, of holding property, are necessary. Not, indeed, as to the quantity, but the freedom of acquisition, use, and disposal. To give to any individual, or class of men, a monopoly, an exclusive right of acquisition in those things, which nature has made the subjects of property, to perpetuate, and render them unalienable in their hands, is an exclusion of the rights of others. It is a violation of the equal rights of man. Of this nature are all exclusive privileges; all perpetuities of riches and honor, and all the pretended rights of primogeniture. Inequality of property, in the possession of individuals, is not directly, nor by inevitable consequence, subversive of genuine liberty. Those laws are, indeed, subversive of liberty, which, by establishing perpetuities, deprive the owner of a right of disposal, and others, so far as they extend, of the right of acquisition; which annex privileges to property, and by making it a qualification in government, create a powerful aristocracy.

Riches are the fruit of industry. Honor the fruit of merit. Both ought, as to their continuance, and the influence which attends them, to be left to the conduct of the possessor. If a man, who, by industry and economy, has acquired riches, become indolent, or profligate, let him sink into poverty. Let those who are still industrious and economical, succeed to his enjoyments, as to their just reward. If a man, who, by noble and virtuous actions, has acquired honor, the esteem of mankind, will behave infamously, let him sink into contempt. To exclude the meritorious from riches and honors, and to perpetuate either to the undeserving, are equally injurious to the rights of man in society. In both it is to counteract the laws of nature, which have, by the connection of cause and effect, annexed the proper rewards and punishments to the actions of men. Wealth, or at least, a competency, is the reward, provided by the laws of nature, for prudent industry; want, the punishment of idleness and profligacy.

If we make equality of property necessary in a society, we must employ force, against both the industrious and the indolent. On the one hand, the industrious must be restrained, from every exertion, which may exceed the power, or inclination of common capacities; on the other hand, the indolent must be forcibly stimulated to common exertions. This would be acting the fable of Procrustes, who, by stretching, or lopping to his iron bedstead, would reduce every man to his own standard length.

If this method should be deemed ineligible, the only alternative will be, either by open violence, or the secret fraud of the law, to turn a certain portion of the well-earned acquisitions of the vigilant and industrious, to the use of the indolent and neglectful.

Let us not, in a Republic, attempt the extreme of equality: It verges on the extreme of tyranny. Guarantee to every man, the full enjoyment of his natural rights. Banish all exclusive privileges; all perpetuities of riches and honors. Leave free the acquisition and disposal of property to supply the occasions of the owner, and to answer all claims of right, both of the society, and of individuals. To give a stimulus to industry, to provide solace and assistance, in the last helpless stages of life, and a reward for the attentions of humanity, confirm to the owner the power of directing, who shall succeed to his right of property after his death; but let it be without any limitation, or restraint upon the future use, or disposal. Divert not the consequences of actions, as to the individual actors, from their proper course. Let no preference be given to any one in government, but what his conduct can secure, from the sentiments of his fellow citizens. Of property, left to the disposal of the law, let a descent from parents to children, in equal portions, be held a sacred principle of the constitution. Secure but these, and every thing will flow in the channel intended by nature. The operation of the equal laws of nature, tend to exclude, or correct every dangerous excess.

Thus industry will be excited; arts will flourish, and virtuous conduct meet its just reward, the esteem and confidence of mankind. Am I deceived? or are these the true principles of equality in a democratic republic? Principles, which will secure its prosperity, and, if any thing in this stage of existence can be durable, its perpetual duration.

The Founders' Constitution
Volume 1, Chapter 15, Document 51
http://press-pubs.uchicago.edu/founders/documents/v1ch15s51.html
The University of Chicago Press

4 posted on 01/29/2014 12:02:49 PM PST by loveliberty2
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To: LucianOfSamasota

Instead if inequality distributed by achievement and ability, we have inequality distributed by membership in the designated victim group(s).


5 posted on 01/29/2014 12:26:04 PM PST by Buckeye McFrog
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To: LucianOfSamasota
Today, after four years of economic growth, corporate profits and stock prices have rarely been higher,

The significant increase in the money supply to finance the excessive libtard government spending and budget deficits leads to higher nominal profit income,higher rate of profit, and higher stock prices, which leads to greater inequality.Here is another example of libtard perversity of result.

6 posted on 01/29/2014 1:09:50 PM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: LucianOfSamasota

“The cold, hard fact is that even in the midst of recovery, too many Americans are working more than ever just to get by – let alone get ahead. And too many still aren’t working at all.”

This wasn’t Obama’s policy goals? What was Obama thinking he would accomplish by expanding welfare and rasing the bar to work?

Did he think Americans would just jump over the new Obama-care price tag for a 40+ hour a week job, instead of sitting around collecting government welfare checks while they spend the 40 hours doing what they want?

As Obama so regularly does, he says one thing but his actions are designed for something very different, and that is not equality either in income or rights but a population of political dependency and slavery.


7 posted on 01/29/2014 8:58:17 PM PST by Monorprise
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