Obama’s Re-election Strategy: Promising to Raise Taxes

Arnold Ahlert is a former NY Post op-ed columnist currently contributing to JewishWorldReview.com, HumanEvents.com and CanadaFreePress.com. He may be reached at atahlert@comcast.net.


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On Monday, President Obama once again resorted to the age-old progressive tactic of dividing American by class, advocating an extension of the Bush tax cuts for families earning less than $250,000 — and a tax hike on everyone above that threshold. “We don’t need more top-down economics,” Obama said. “We need policies that grow and strengthen the middle class.” Critics were quick to see through the subterfuge. “This is more of the same, with different packaging,” said Chris Whitcombe, tax counsel for the National Federation of Independent Business (NFIB). “It won’t pass, and we will hear this rhetoric up until Election Day.”

The reasons are obvious. The president is desperate to turn the conversation away from last week’s dismal jobs numbers. 80,000 new jobs were added in June, well below anything resembling a genuine recovery, and far less than the 125,000-150,000 jobs that must be created simply to keep pace with the growth of the working-age population. By aiming the increase at the so-called rich, Obama hopes to once again paint the Republican Party as “obstructionist” and their presidential candidate, Mitt Romney, as an out-of-touch, job-outsourcing elitist with little concern for the average American.

The Romney campaign was quick to respond, with spokesperson Andrea Saul sending out an email prior to the president’s announcement:

President Obama’s response to even more bad economic news is a massive tax increase. It just proves again that the President doesn’t have a clue how to get America working again and help the middle class. The President’s latest bad idea is to raise taxes on families, job creators, and small businesses. Almost half a million fewer Americans are working today than the day Barack Obama took office, and we’ve just come through the worst job creation quarter in two years[.]

There are several other problems with the president’s approach. First, painting Romney as an out-of-touch elitist may be red meat for Obama’s hard-left base, but it may not be resonating with the general public. This may explain why Romney raised $106.1 million in June, setting a GOP fundraising record, and eclipsing the president’s take by $30 million. Ominously for Democrats, 94 percent of the contributions were $250 dollars or less, generating $22.3 million of the total number. Donations were garnered from all 50 states and Washington DC.

As for outsourcing, Breitbart.com reveals Obama’s two biggest fundraisers, John Rogers, CEO of investment giant Ariel Capital Management, and DreamWorks CEO Jeffrey Katzenberg, are dedicated outsourcers. Ariel Capital Management owns a $48.6 million stake in Accenture, the nation’s number one outsourcer, according to the International Association of Outsourcing Professionals. Katzenburg is trying to outsource jobs to China. Moreover, Obama Jobs Czar and GE CEO, Jeffrey Immelt, has also sent 25,000 jobs overseas while cutting 34,000 domestically. In return for a $50 billion taxpayer bailout from the Obama administration, a “grateful” General Motors has started building cars in China and Mexico to save on labor costs. Throw in three taxpayer-guaranteed loans to Spanish clean energy conglomerate Abengoa, totaling $2.78 billion, and a $529 million loan guarantee to Finnish car maker Fisker Automotive, and the overt hypocrisy of painting Romney as the outsourcer in this race becomes painfully apparent.

Respecting the president’s disdain for “top-down economics,” one would presume we need the opposite, which Obama referred to as “some middle class-out economics, some bottom-up economics” at a campaign stop in Florida last month. Last Friday in Ohio, Vice President Joe Biden revealed what such rhetoric actually means. He told a National Education Association conference that government spending, not the private sector, strengthens the economy. “We believe that the way to build this country is the way we always have, from the middle out…invest in things that have always made our economy grow: innovation, research, development, infrastructure and education,” he said. Yet if that were truly the case, America would be swimming in jobs, considering this administration has added $5 trillion to the national debt in less than four years attempting to do precisely that.

Painting the Republican Party as obstructionist is problematic as well. The 2010 election in which Republicans took over the House, gained seats in the Senate, and made tremendous advances in state legislatures and governorships across the nation, reflected the electorate’s overwhelming desire to blunt such irresponsible spending. In fact, 17 states that elected fiscally conservative Republican governors in 2010 have brought down their unemployment rates at a far faster rate than their eight Democrat counterparts. And the most accurate definition of obstructionist by far belongs to the Democrat-controlled Senate that has tabled every budget presented to them by the House, and made no effort to produce one of their own in more than three years, despite being compelled by the law to do so.

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  • 333maxwell

    Spinnin like a top..

    • Allah_speaking

      Never saw a $250K tax bracket… Obama is an idiot and some reporter should call him out on this and ask him if he is planning on further complicating the tax codes.

  • davarino

    O wants to tax the "rich" because he hates them, even though he is one and will probably be exempt from them. He wants to decide how much money people can make. He thinks many rich people have made enough and wants to start taking from them. What does that sound like? Anybody, anybody?

    Enjoy the new america comrade.

  • rockman

    Obama reminds me very much of Huey Long, another world-class demagogue, but without Long’s undeniable accomplishments in building up his state of Louisianna. He’s Huey Long in black-face.

  • Steve Chavez

    Luckily with his Economic War on America, less people are making over $250,000.

    Obama is now getting credit from his Cult Zombies for the lowering of gas prices but experts say it's the "economic downturn here and in Europe." He also blames Europe's problems for our problems but it's actually our problems that trickle down to Europe. We are the Economic Lifeblood of the World.

    When a hurricane hits and the few rigs in the Gulf are shut down and the price skyrockets, will those who falsely praise Obama for lowering the gas prices, blame him for the rise in price? Maybe what saves America from the Obama's reelection is a hurricane and they'll blame Bush again since you know he caused Katrina!

  • http://tarandfeathersusa.wordpress.com/ Iratus Vulgas

    I can't think of a more "top down" economic policy than progressive micro-meddling from the Obama administration. If BO really wanted to help the middle class he'd leave them alone. Let's all hold our breath for that.

  • kafir4life

    What President Stinky (-bo) was saying was "If you make less than 250k, I'm going to raise them for you next year, when I don't have silly things like elections to worry about. In the meantime, if you vote for me, I'll drag down the ones you work for. That'll show 'em!"

  • Diane Rossi

    So let's give those CEOs who make 10,000,000 and outsource their jobs tax breaks and lots of loopholes so they don't have to pay their fair share. Makes a lot of sense!

  • Gary Ahlert

    Ms. Rossi,

    Please excuse the prior response as I was not finished writing and wasn't able to spell check.

    President Obama is one of the greatest outsources of all times. Are you aware that 90% of the people in this country pay 30% of all the taxes and that the remaining 10% pay 70%? I for one am so tired of the divide and conquer mentality, the class warfare if you will, which is being perpetrated by this President and his utterly morally bankrupt administration. Since when did being successful become a crime? Why are those who take risks, invest their time and money to achieve a better and more prosperous lifestyle become criminals? Why are they demonized and made the villains? Perhaps if people got of their collective butts and stopped collecting unemployment insurance and disability checks which they don't deserve, and which as a tax payer I have to pay for, this country might not be in as much debt as it is now. BTW, I am a registered Democrat.

  • Gary Ahlert

    Ms. Rossi,

    Please excuse the prior response as I was not finished writing and wasn't able to spell check.

    President Obama is one of the greatest outsources of all times. Are you aware that 90% of the people in this country pay 30% of all the taxes and that the remaining 10% pay 70%? I for one am so tired of the divide and conquer mentality, the class warfare if you will, which is being perpetrated by this President and his utterly morally bankrupt administration. Since when did being successful become a crime? When did those who take risks, invest their time and money to achieve a better and more prosperous lifestyle become criminals? Why are they demonized and made the villains? Perhaps if people got off their collective butts and stopped collecting unemployment insurance and disability checks which they don't deserve, and which as a tax payer I have to pay for, this country might not be in as much debt as it is now. BTW, I am a registered Democrat.

  • Romney Fan

    It'll be interesting to see if a politician can win when running on a platform that includes tax increases.
    http://www.mittromneyjobcreation.com/jobs-plan.ph