Advertisement

Opinion

Opinion

Obama touts trickle-down government

September 4, 2012

Advertisement

— With Americans, on average, worth less and earning less than when he was inaugurated, Barack Obama is requesting a second term by promising, or perhaps threatening, that prosperity is just around the corner if he can practice four more years of trickle-down government. This is dubious policy, scattering borrowed money in the hope that this will fill consumers and investors with confidence. But recently Obama revealed remarkable ambitions for it when speaking in Pueblo, Colo., a pleasant place Democratic presidents should avoid.

After delivering in Pueblo what would be his last extended speech, Woodrow Wilson suffered a collapse that prefaced his disabling stroke. And in Pueblo this summer, Obama announced what should be a disqualifying aspiration.

After a delusional proclamation — General Motors “has come roaring back” — Obama said: “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.” We have been warned.

Obama’s supposed rescue of “the auto industry” — note the definite article, “the” — is a pedal on his political organ he pumps energetically in Ohio, Wisconsin, Michigan and elsewhere. Concerning which:

He intervened to succor one of two of the American auto industries. One, located in the South and elsewhere, does not have a long history of subservience to the United Auto Workers and for that reason has not needed Obama’s ministrations. He showered public money on two of three parts of the mostly northern auto industry, the one long entangled with the UAW. He socialized the losses of GM and Chrysler. Ford was not a mendicant because it was not mismanaged.

Today, “I am GM, hear me roar” is again losing market share, and its stock, of which taxpayers own 26 percent, was trading last Thursday morning at $21, below the $33 price our investor in chief paid for it and below the $53 price it would have to reach to enable taxpayers to recover the entire $49.5 billion bailout. Roaring GM’s growth is in China.

But let’s not call that outsourcing of manufacturing jobs, lest we aggravate liberalism’s current bewilderment, which is revealed in two words it dare not speak and in a four-word phrase it will not stop speaking. The two words are both verbal flinches. One is “liberal,” the other “spend.” The phrase is “as we know it.”    

Jettisoning the label “liberal” was an act not just of self-preservation, considering the damage liberals had done to the word, but also of semantic candor: The noble liberal tradition was about liberty — from oppressive kings, established churches and aristocracies. For progressives, as liberals now call themselves, liberty has value, when it has value, only instrumentally — only to the extent that it serves progress, as they restlessly redefine this over time.

The substitution of “invest” for “spend” (e.g., “We must invest more in food stamps,” and in this and that) is prudent but risky. People think there has been quite enough of (in Mitt Romney’s words) “throwing more borrowed money at bad ideas.” But should progressives call attention to their record as investors of other people’s money (GM, Solyndra, etc.)?      

When did peculiarly named progressives decide they must hunker down in a defensive crouch to fend off an unfamiliar future? Hoover Dam ended the lower Colorado River as we knew it. Rockefeller Center ended midtown Manhattan as we knew it. Desegregation ended the South as we knew it. The Internet ended ... you get the point. In their baleful resistance to any policy not “as we know it,” progressives resemble a crotchety 19th-century vicar in a remote English village banging his cane on the floor to express irritation about rumors of a newfangled, noisy and smoky something called a railroad.  

Given Democrats’ current peevishness, it is fitting that Sandra Fluke will address their convention. In February she, you might not remember, became for progressives the victim du jour of America’s insufficient progress. She was a 30-year-old-student — almost halfway to 62, when elderly Americans can begin collecting Social Security — unhappy about being unable to get someone else (Georgetown University, a Catholic institution) to pay for her contraceptives. Say this for Democrats: They recognize a symbol of their sensibility when they see one.

— George Will is a columnist for Washington Post Writers Group.    

Comments

pigballin 1 year, 7 months ago

Socialism equates weaken and fallen empires..History does not suggest otherwise.

Colleges and media have been dumbing down their students and readers.

0

pigballin 1 year, 7 months ago

Another round of constant Nazi propaganda by Obama. Socialism has regressed our freedom of speech and economic financial well being ,,and that includes every social structure.

Go watch the movie, Obama:2016, to see the future of the US if he and his brown coats are elected.

He is an impostor. Is it safe to enter Egypt now? No ,,because the killing islamists had the blessing from Obama to turn the country into another anti Christian nation,,on the same path as iran.

0

FalseHopeNoChange 1 year, 7 months ago

I 'give' complex Flex a grade of "incomplete". His government trickling is not complete. There is 'only' 47 or 48 million New Americans on food stamps. He can 'do' better.

Pelosi said awhile back, that government "handouts stimulate" the economy along with "limiting birthrates."

http://www.lincolninstitute.org/article.php?id=3920

http://www.sodahead.com/united-states/pelosi-wants-to-stimulate-the-economy-by-limiting-the-birth-rate-she-wants-to-spend-100-million-on/question-243114/

With a little "hope and change" and limiting God and Jerusalem from complex Liberal dialog, Flex should be able to get a 'passing' grade during his next 4 years.

0

tange 1 year, 7 months ago

Better don the galoshes, George; you're beginning to trickle.

2

rockchalk1977 1 year, 7 months ago

Obama approaches his nomination with the lowest pre-convention personal popularity of an incumbent president in ABC News/Washington Post polls since the 1980s. He’s also at his lowest of the year among registered voters, with trouble among women. The decline has occurred entirely among women registered voters from 57-39 percent favorable-unfavorable in April to a numerically negative 46-50 percent now. That is Obama’s lowest score among women voters. Does this mean women will stop fainting now?

1

Chris Golledge 1 year, 7 months ago

I don't think Will knows what "trickle down" means.

Let me Google that for you. http://lmgtfy.com/?q=trickle+down+economics

Currently the Republican plan lowers taxes on the wealthy relative to the middle class and that is the nature of "trickle down". BTW, it was a failure the last time we tried it.

3

Antonym 1 year, 7 months ago

Skip the middle man and save. Hand money directly to the people who don't want to work. They will spend it instantly and stimulate the economy. But first drugs would have to be legalized so the spent monies would be reported as income and taxed. I guess every plan has its flaws.

0

Gotland 1 year, 7 months ago

Obama's economic plan of printing money and handing it out to party lackies will work for a few more years................then disaster.

1

Armstrong 1 year, 7 months ago

Yeah we know, this is about the 300th post of yours regarding Romney's tax returns.Give it a rest.

1

yourworstnightmare 1 year, 7 months ago

Romney needs to release his tax returns to put the questions about his to bed once and for all.

We know he is rich and pays a rate lower than most Americans.

Why does he refuse to release his returns? What is he hiding?

His lack of transparency is troubling.

2

Trumbull 1 year, 7 months ago

Another propaganda piece from George. One or two quotes from President Obama, the rest..........speculative garbage invented by the writer. Just like the Gotcha editorial claims in the LJW printed version.

I wonder if the George Will's of the world actually help newspapers sell or turns readers away in disgust in the long run.

3

George Lippencott 1 year, 7 months ago

The Republicans want to give money to the rich (their constituents) so that their investments will “trickle down” to the rest of us (job creation, products, etc.)

The Democrats want to give tax monies to unions and other loyal constituents so that their spending will "trickle out" to the rest of us (job creation, products, etc.)

So do I want to be rained upon or sprayed with a hose?

0

tbaker 1 year, 7 months ago

Mr. Obama is not a leader. He demonstrates this fact almost daily by blaming everything perceived to be bad on someone or something else. He has yet to take responsibility for the many things he and his administration have tried that have failed. Being a buck-stops-here kind of guy and telling the American people that what he has tried hasn’t worked isn’t a good idea politically – I get that – but at least he can stop the cry baby BS and try something new letting his actions speak for themselves about his previous failed approaches. Whether or not he lacks character is something that is hotly debatable I know, but the fact he is in way over his head is painfully obvious.

2

Agnostick 1 year, 7 months ago

Generally speaking, of course, political extremists have a hard time keeping up with things... especially when they're centered on bigotry and misinformation.

Rain or shine, Obama to address Democratic convention outdoors http://www.latimes.com/news/politics/la-pn-dnc-charlotte-rain-20120904,0,3668931.story

Obama aide: Stadium speech to go on 'rain or shine' http://content.usatoday.com/communities/theoval/post/2012/09/ben-labolt-newsmaker-democratic-convention-usa-today-/1#.UEZXdFRNN3Y

1

Flap Doodle 1 year, 7 months ago

It's looking like the Democrats are bailing out of Bank of America Stadium. Officially they're concerned abou the weather, totally not concerned about how many thousands of empty seats they couldn't fill.

2

jayhawklawrence 1 year, 7 months ago

"Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down." - Jack Kemp.

I would like to know why the National Debt which exploded under Reagan and again under Bush, was never paid back with all of these additional revenues.

Don't tell me it was the Democrats fault.

In my view, Jack Kemp, ex football quarterback and consummate salesman, was no economic genius. He was a snake oil salesman and he sold a ton of snake oil.

2

rockchalk1977 1 year, 7 months ago

Asked to rate himself on fixing the economy, Obama says he hasn't earned a grade letter. Three plus years into his first term in office, the divider-in-chief gives himself an incomplete. In 2009, Obama famously said he would be held accountable if he didn't fix the economy in his first term. "If I don't have this done in three years, then there's going to be a one-term proposition," he said on the Today show just two weeks after being immaculated. After wasting $5 trillion, I give him an I for incompetent.

3

jayhawklawrence 1 year, 7 months ago

I think George Will was at one time supposed to fill the void left by William F. Buckley, Jr.

What a disappointment.

At least Buckley was interesting with a substantial intellect whether you agreed with him or not. He always brought something fresh to the conversation.

George makes any light in the room dimmer with his selective memory of facts and history.

3

Flap Doodle 1 year, 7 months ago

In other trickling news: "... Known as an advocate of education equality for poor minorities, Democrat Shirley Huntley got hauled away in handcuffs last week and slapped with a 20-count indictment that includes felonies such as tampering with evidence and falsifying business records. Huntley stole nearly $30,000 she steered to a fake charity that claimed to help poor parents navigate the city’s school system, according to the indictment. The 74-year-old state senator named her sham nonprofit Parent Workshop, according to the New York Attorney General’s office. The fake charity claimed to help low-income folks deal with the city’s huge and complicated public school system. Instead, authorities say, the money was pocketed by Huntley’s niece, who served as the group’s treasurer, and another man, who is listed as president. It turns out that Huntley ran for office on both the Democratic and Working Families Party (WFP) tickets, according to New York State election results reviewed by Judicial Watch. This is relevant because the WFP has very close ties to the famously corrupt nonprofit with close ties to President Obama, the Association of Community Organizations for Reform Now (ACORN). In fact, JW found that the WFP shares office space in Brooklyn with two ACORN spinoffs, New York Communities for Change (NYCC) and the Mutual Housing Association of New York. When ACORN finally got busted for fraud, Congress cut its federal funding (Defund ACORN Act) and the group simply rebranded, creating a series of spinoffs operated by the same crooked people. Read all about it in a Judicial Watch special report born out of an extensive investigation that tracked the group and its affiliated organizations throughout the United States. The probe also revealed that tens of millions of dollars in ACORN’s funds and other assets are still unaccounted for. Additionally, Huntley’s WFP is essentially a political operation of various unions, including the Service Employees International Union (SEIU). In fact, the WFP was co-founded by Patrick Gaspard, the SEIU’s political vice president before moving on the White House and the Democratic National Committee, former ACORN chairwoman Bertha Lewis and two other union bigwigs. Between 2006 and 2010, the SEIU gave $29,000 to Sen. Huntley’s campaign, JW’s probe found..." http://www.judicialwatch.org/blog/2012/09/indicted-senator-ran-on-acorn-union-ticket/?utm_source=twitterfeed&utm_medium=twitter

1

just_another_bozo_on_this_bus 1 year, 7 months ago

Labor Day Without Jobs: Exposing the "Job Creator" Fraud by Paul Buchheit

(warning-- contains inconvenient facts for the cheerleaders for plutocracy.)

http://www.commondreams.org/view/2012/09/03

2

rockchalk1977 1 year, 7 months ago

Desperate Democrats are handing out tickets to students and volunteers in a scramble to fill seats for Obama’s Thursday-night accepting nomination. Doling out of tickets to just about anyone is a far cry from the “hope and change” fervor of 2008. http://www.newsmax.com/Politics/obama-convention-stadium-tickets/2012/09/03/id/450638?s=al&promo_code=FF36-1

Just as Democrats are gaveling in their convention Tuesday, the federal government likely will announce another dubious milestone, $16 trillion in total federal debt. The number is likely to underscore just how much is at stake in November for both parties, which are offering dramatically different ways to begin to eat away at the deep hole. http://www.newsmax.com/Newsfront/national-debt-clock-convention/2012/09/03/id/450639?s=al&promo_code=FF3D-1

It's a question that aides to any president seeking re-election should be ready to handle: Are Americans better off now than before he took office? This seemingly simple query, however, flummoxed Obama's team over the Labor Day weekend, throwing the campaign on the defensive just as the Democrats are about to open their convention. http://www.newsmax.com/US/presidential-campaign-analysis/2012/09/03/id/450665?s=al&promo_code=FF3D-1

There are few "Obama Democrats". Be it Democratic politicians or members of Congress, campaign contributors or business leaders, there is a common refrain: Obama doesn’t much identify with us, or even much respect what we do. His relationship with most Democratic members of Congress lies somewhere between correct and cold. They believe that personal political loyalties are not an Obama priority. http://www.newsmax.com/Newsfront/al-hunt-obama-persona/2012/09/03/id/450637?s=al&promo_code=FF36-1

In the face of economic weakness, Obama's top aides refused to say Sunday in the run-up to the Democratic National Convention if Americans are better off than they were four years ago. http://www.newsmax.com/Newsfront/PresidentialCampaign/2012/09/02/id/450622?s=al&promo_code=FF25-1

1

yourworstnightmare 1 year, 7 months ago

Why won't Romney release his tax returns? We already know he is rich and that he pays a lower rate than most Americans.

What is he hiding from the American people by keeping his returns secret?

Romney has a big transparency problem that begins with his refusal to release his tax returns.

3

geekin_topekan 1 year, 7 months ago

It's not so much that I want Odude again, its that we know what the American Taliban has in store for us-Mandatory prayer sessions, stomping of women's rights, caste system, Rights based upon your income etc.

Besides, isn't this so much more fun?

3

Flap Doodle 1 year, 7 months ago

"...:June saw a new surge in those Americans living in poverty and thus eligible for foodstamps, with 173,600 new entrants into the system, bringing the total to a new all time high of 46.670 million and once again rising fast. Furthermore, with subsequent emergency events affecting the heartland due to the drought, the administration has made sure even more Americans will be eligible going forward. As a result expect the July and August numbers to promptly surpass 47 million on their way to the psychological resistance level of 50 million. Indicatively, the 173,600 increase in Foodstamps recipients in June was three times greater than Americans finding jobs (64,000, most of which part-time) according to the BLS..." http://www.zerohedge.com/news/june-foodstamp-recipients-hit-all-time-high-three-times-many-americans-enter-poverty-find-jobs

1

Armstrong 1 year, 7 months ago

Reminds me of the old saying Don't trickle down my back and tell me it's raining. Barry seems to work that philosophy very well.

0

commonsenseanyone 1 year, 7 months ago

Two anti-Obama articles in one week?? The liberals in this town are going to come unglued... It will be entertaining to read all the comments of how it was Bush this and Bush that and how Obama just needs more time and he's really pro-business but just smarter then everybody else and that he really hasn't added much to the debt and Reagen really started the debt and that Rebublicans are rich SOB's that eat children and we've tried trickle down economics and it doesn't work and that we really should tax the rich to death to pay for everyone else and that Obamacare is the new heavenly father but don't include religion in politics besides the fact the majority of Americans are God fearing people but don't say that because I'm now offended and now I'm just so mad because Romney is going to deregulate everything and it's going to be the wild west again but I don't own a 6 shooter because they should be illegal like all guns but it's our right but guns kill people because they must point and and fire on their own and this is the longest sentence off all time.

3

Windemere 1 year, 7 months ago

Seems to me George is fairly consistent. He derides corporate bailouts. He derides the state of Fed entitlements. He argues for smaller, more accountable, more responsible government.

2

just_another_bozo_on_this_bus 1 year, 7 months ago

I agree, George-- only the wealthy should be allowed to trickle down on the rest of us-- their piss is just so much "sweeter" than any other variety. Long live the Plutocracy.

8

Windemere 1 year, 7 months ago

Followed closely by a desire to be Robin Hood so he can "spread the wealth around." While, strangely, anointing his chosen companies/industries with subsidies we all pay for, instead of making them compete fairly with their rivals. Which, of course, makes goods more expensive for all of us. Before posters pile on with examples of Rep administrations doing the same things, stating for the record: All administrations are guilty of this. Some are more guilty than others.

1

Liberty_One 1 year, 7 months ago

Obama's policies basically amount to this: bribing you with your own money.

7

Commenting has been disabled for this item.