Time and again, the 'reliable Democrat voters' pretend that the party they grovel for has the interests of the common man, the middle class, the less-than-wealthy, at its heart.
The following disabuses that notion.
1."After less than two weeks, President Obama has dropped his plan to tax withdrawals from the “529″ college savings plans widely used by middle-class parents.
2. It was an outright money grab at the expense of people who are so foolish as to actually save for their children’s education. Considering how the government has done everything possible to drive up the cost of higher education, forcing millions of young people into debt, the idea of then taxing their parents for trying to save for college is simply monstrous.
3. ... it was almost insanely suicidal. What politician in his right mind proposes a tax aimed narrowly at the middle class, and at such a universally accepted good as education?
4. ....this is a desperate move by those who need to finance ever bigger government and are simply going where the money is: the vast American middle class.
5. ....champions of big government would be slavering over the very thing that defines the middle class, its savings. As she points out, 529s are not the first target. There have already been trial balloons about raiding 401(k)s and IRAs.
6. The truly committed leftist looks upon our private savings as a vast reserve of capital unfairly withheld from its proper function of servicing the needs of the state.
7. ... not so much a rational calculation about how to finance the behemoth state. This is an admission by a man who has no more election campaigns to run, and therefore no pragmatic constraints, about his real outlook and real preferences. A president who just a few weeks ago hailed the triumph of a supposed “middle-class economics” is revealing his hatred and contempt for the middle class.
8.[Then there is the chimera:] “middle-class economics.” To begin with, there is no such theory, program, or school of thought. It is possible to name what “supply side economics” consists of, and it is even possible to describe “Keynesian economics.” But “middle-class economics” just refers to whatever grab bag of programs Obama championed that he now wants to take credit for. Plus a few things, like domestic oil production, that he actively opposed but still wants to take credit for.
9. Obama’s actual economic policy has included a lot of priorities that are definitely not aimed at the middle class, such as his fight for the indefinite extension of unemployment benefits. A proposal that subsidizes people for not working is, by definition, not “middle class economics.”
10. ... finally, he has shown us what he really thinks of the middle class."
Anti-Middle-Class Economics What Obama s 529 Grab Revealed
The following disabuses that notion.
1."After less than two weeks, President Obama has dropped his plan to tax withdrawals from the “529″ college savings plans widely used by middle-class parents.
2. It was an outright money grab at the expense of people who are so foolish as to actually save for their children’s education. Considering how the government has done everything possible to drive up the cost of higher education, forcing millions of young people into debt, the idea of then taxing their parents for trying to save for college is simply monstrous.
3. ... it was almost insanely suicidal. What politician in his right mind proposes a tax aimed narrowly at the middle class, and at such a universally accepted good as education?
4. ....this is a desperate move by those who need to finance ever bigger government and are simply going where the money is: the vast American middle class.
5. ....champions of big government would be slavering over the very thing that defines the middle class, its savings. As she points out, 529s are not the first target. There have already been trial balloons about raiding 401(k)s and IRAs.
6. The truly committed leftist looks upon our private savings as a vast reserve of capital unfairly withheld from its proper function of servicing the needs of the state.
7. ... not so much a rational calculation about how to finance the behemoth state. This is an admission by a man who has no more election campaigns to run, and therefore no pragmatic constraints, about his real outlook and real preferences. A president who just a few weeks ago hailed the triumph of a supposed “middle-class economics” is revealing his hatred and contempt for the middle class.
8.[Then there is the chimera:] “middle-class economics.” To begin with, there is no such theory, program, or school of thought. It is possible to name what “supply side economics” consists of, and it is even possible to describe “Keynesian economics.” But “middle-class economics” just refers to whatever grab bag of programs Obama championed that he now wants to take credit for. Plus a few things, like domestic oil production, that he actively opposed but still wants to take credit for.
9. Obama’s actual economic policy has included a lot of priorities that are definitely not aimed at the middle class, such as his fight for the indefinite extension of unemployment benefits. A proposal that subsidizes people for not working is, by definition, not “middle class economics.”
10. ... finally, he has shown us what he really thinks of the middle class."
Anti-Middle-Class Economics What Obama s 529 Grab Revealed
