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February 10, 2012
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David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
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The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
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Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
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Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
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January 27, 2012
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Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
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Katy Hopkins: New budget rules may affect how much money you get for college
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Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
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Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
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Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
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Ali Safi: U.S. envoy gives Taliban terms for peace talks
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David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
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January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
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Katy Hopkins : Consider This Before You Pay for an Online Degree
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January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
January 23, 2009
/ 27 Teves 5769
Beware Obama's Trojan horse
By
Dick Morris & Eileen Mc Gann
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http://www.JewishWorldReview.com |
Now that Obama is the president, fasten your seat belts. During his first year in office, and particularly during his first hundred days, we are about to witness the most prodigious output of legislation since 1981-2 (under Reagan), 1964-5 (under Johnson), and 1933-36 (under Roosevelt). The combination of top heavy Democratic majorities in Congress and a mood of public fear bordering on panic over the financial crisis and the looming depression will speed his legislation through a compliant Senate and House.
We will enter his Administration as the United States, buoyed by an aggressive free market economy. We will exit his first year - and even the first hundred days - as France, burdened with massive government regulation, a vast public sector, and permanent middle class entitlements. And Obama will take care to arrange things so that massive and permanent political change accompanies his and protects his legislative achievements in the future.
He will call this radical change a stimulus package. He will dress up a generation of liberal priorities as necessary steps to fight the economic crisis. His programs and policies won't do much to end the depression. It will end only after the massive burden of debt is lifted from the shoulders of American and foreign households and companies, a process which will take years. At most, his stimulus will act as methadone while we withdraw from our debt addiction, mitigating the pain, smoothing over the trauma, and soothing our system.
But Obama's strategy is to hide inside the Trojan Horse of stimulus an army of radical measures to change America permanently.
The most pernicious of his proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to "refund" taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population. Unlike the Bush stimulus checks, this new program will be a permanent entitlement, a part of our budget that can only go up and never down. Politically, it will transform a majority of Americans from taxpayers, anxious to hold down government spending, into tax eaters, eager to reap new benefits.
The huge spending in his stimulus package will create a budget deficit topping one trillion dollars. Ronald Reagan cut taxes to raise the deficit to stop liberals in future years from increasing spending. Obama will raise spending to raise the deficit to stop conservatives in future years from cutting taxes. As he funds every liberal dream - from alternative energy production to infrastructure renovation to more federal revenue sharing - he will force a massive expansion in the size of government for a decade to come. If the proportion of our $14 trillion GDP absorbed by the public sector increases by $1 trillion dollars, it will mean that government's share will rise from its current 33% to about 40%, bringing us close to the United Kingdom's ratio. If Obama adds a major expansion of health care to the mix, the proportion could reach into the mid-forties, French and German territory.
And Obama will likely use the Trojan Horse of stimulus to make a down payment on health care reform, expanding public coverage of those now uninsured dramatically. Likely, he will initially use the State Children's Health Insurance Program (SCHIP) as his vehicle. He will ask the same pool of doctors and nurses and the same amount of medical equipment to take on the care of almost 50 million more people, necessitating rationing of medical services. Those too old, too sick, or with bad habits like smoking, may find themselves fenced off from good medical care, even if they can pay for it themselves.
While he is making these major changes, Obama will permanently alter our politics by taking three steps designed to alter the political balance:
a) He will set illegal immigrants on a path to citizenship
b) He'll pass the card check voting system for unionization, raising the unionized share of our economy
c) He will crack down on talk radio through requirements either for equal time or for local ownership and control - or both.
Most likely, Obama's inability to tame the depression will erode his popularity during his first two years in office. But, by then, his proposals will be statutes. The fiscal parameters, the middle class' expectations of no taxes and government handouts, and the demographics of our electorate will be changed forever.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.
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© 2009, Dick Morris
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