Tag Archives: Wealth

Round-up of news on Obama’s economic policies

Tax policies that destroy traditional families

New taxes on married couples with intact families to subsidize out-of-wedlock births. (This is basically an incentive to not marry, by the way)

Hans Bader at the CEI’s blog reports: (H/T ECM)

Not content with repealing welfare reform through the job-killing stimulus package, and proposing a massive marriage penalty in the tax code, Obama and his Congressional allies are now planning to make married and widowed taxpayers subsidize benefits for which they are not eligible, such as payments to households with out-of-wedlock births. For example, they are pushing a bill that will allow even households that receive tens of thousands of dollars a year in child support to demand food stamps.

…Intact families, and widows, usually have every dollar they make considered in whether they qualify for food stamps. But under the Obama-backed proposal, unwed mothers, and divorced mothers, would not, since the child-support dollars they receive would be arbitrarily excluded.

Stop and think about what sorts of incentives this creates. What kind of man would be stupid enough to consider getting married and being a father to his own children? This is how Democrats destroy the family with tax policies, so that women with children depend on the state, and the state can in turn influence the way children are raised by getting them into day care, pre-K and government-run schools.

The goal is to prevent parents from influencing their own children with benighted traditional beliefs about traditional religion and morality. According to Democrats, that is the job of qualified public school teachers using approved teaching materials designed by experts like Kevin Jennings. And besides, the more children are raised without fathers, the more government jobs are created to deal with the fallout.

And there’s more:

The Obama-backed bill also increases the federal matching funds states receive for maximizing their collection of child support payments, giving them an incentive to artificially jack up child support obligations in order to reap federal money (as many states did in the aftermath of the 1988 Family Support Act), even if that means forcing fathers who have never missed a payment to pay much more than the actual cost of raising a child. I have previously written about how court-ordered child support payments generally exceed the actual cost of raising a child under most existing state child-support guidelines.

Democrat women that I know (single/divorced women and single/divorced mothers) are so mystified as to why men are not lining up to marry them. Maybe they should be thinking about the policies that they actually voted in favor of – they are not husband-friendly or father-friendly.

Democrat women think that they can crush the last drop of liberty and autonomy out of a man, and still expect him to love, protect and provide for women and children. Inexplicable. They want the security of the state and they don’t realize how it decreases the number of men willing to make commitments.

Home sales will require government approval

The Democrats cap-and-trade bill will require you to fix your house up to be eco-friendly, before you will be allowed to sell it. What? Global warming isn’t going to solve itself, you know…. Oh, wait!

CNSNews reports on what we can expect. (H/T Gateway Pundit)

The 1,400-page cap-and-trade legislation pushed through by House Democrats contains a new federal policy that residential, commercial, and government buildings be retrofitted to increase energy efficiency, leaving it up to the states to figure out exactly how to do that.

This means that homeowners, for example, could be required to retrofit their homes to meet federal “green” guidelines in order to sell their homes, if the cap-and-trade bill becomes law.

This is the first time since these subprime mortgage bank bailouts started that I’ve ever been happy about renting.

New Republican cap-and-trade TV ad

Here’s the new ad put out by Republicans to educate the public about the cap-and-trade bill that just passed the house. (H/T ECM)

Now that’s a great ad.

Why Democrats voted for Obama

Because they don’t know anything about economics!

The second one is from Nice Deb.

Obamacare exposed: rationing for thee but not for me

Previous health care posts

We need to learn from what goes on in other countries.

The latest news

All communists are the same. They only want YOUR wealth to be redistributed, not theirs. In Obama’s socialist America, all the people are equal, but Obama is more equal than the others.

Check out this story from Hot Air. (H/T ECM)

President Obama struggled to explain today whether his health care reform proposals would force normal Americans to make sacrifices that wealthier, more powerful people — like the president himself — wouldn’t face.

The probing questions came from two skeptical neurologists during ABC News’ special on health care reform, “Questions for the President: Prescription for America,” anchored from the White House by Diane Sawyer and Charles Gibson.

Dr. Orrin Devinsky, a neurologist and researcher at the New York University Langone Medical Center, said that elites often propose health care solutions that limit options for the general public, secure in the knowledge that if they or their loves ones get sick, they will be able to afford the best care available, even if it’s not provided by insurance.

Devinsky asked the president pointedly if he would be willing to promise that he wouldn’t seek such extraordinary help for his wife or daughters if they became sick and the public plan he’s proposing limited the tests or treatment they can get.

The president refused to make such a pledge, though he allowed that if “it’s my family member, if it’s my wife, if it’s my children, if it’s my grandmother, I always want them to get the very best care.[“]

The video is here at RealClearPolitics.

Read the whole thing, and remember what single-payer health care means, more demand, less supply, waiting lists, rationing and denials of service. But only for you plebians – NOT for Obama and his family.

The Democrat war on science destroys our prosperity and our consciences

Here are a couple of stories from IBD showing how the secular-left twists science in order to advance their socialist policy.

Obama’s cap-and-trade bill

The story is here. (H/T The Chilling Effect)

All Americans in the Midwest, South and Rocky Mountain regions will be most drastically affected because the climate change legislation will destroy the nation’s coal industry and the low-cost electricity it has provided to these regions for generations.

Wealth will be transferred away from almost every state to the West Coast and New England.

…Reliable estimates show that this bill will cost each American family at least $3,000 more in energy costs each year, notwithstanding the $2 trillion cost to the economy in just eight years.

…All these countries have stated that they will not place any restrictions on carbon dioxide emissions. China alone, which has surpassed the United States in carbon dioxide emissions, brings a new 500-megawatt coal-fired power plant on line every week. They will have low-cost electricity, and America will massively export more jobs to them.

I blogged here about the costs of this energy tax in more detail.

Stem-cell research

The story is here.

Excerpt:

Inspectors general are apparently not the only ones to pay for annoying the White House by doing their job. The 18-member council existed to provide the president with advice on the moral and ethical implications of the rapid advances in science and medical research. It exists no more.

The council existed to ponder whether we should do something just because we can. Apparently President Obama wanted not advice but agreement on such matters, particularly with regard to one of the panel’s areas of interest, embryonic stem cell research. So he has fired them.

Reid Cherlin, a White House press officer, told the New York Times that Obama saw the panel as “a philosophically leaning advisory group” handpicked by the Bush administration, and that he wanted to appoint a new bioethics commission that instead offered “practical policy options.”

I blogged here about the advantages of adult stem cell research compared to embryonic stem-cell research.