Trigg
07-18-2008, 12:23 PM
My favorite columnist Thomas Sowell, bring up some very good points regarding Obama and his "new" ideas.
1.
Raising taxes, increasing government spending and demonizing business? That is straight out of the New Deal of the 1930s.
The New Deal was new then but it is not new now. Moreover, increasing numbers of economists and historians have concluded that New Deal policies are what prolonged the Great Depression
2.
Barack Obama is a politician through and through, even though pretending that he is not is his special strategy to get elected.
Some of his more trusting followers are belatedly discovering that, as he "refines" his position on various issues, now that he has gotten their votes in the Democratic primaries
3.
Perhaps a defining moment in showing Senator Obama's priorities was his declaring, in answer to a question from Charles Gibson, that he was for raising the capital gains tax rate. When Gibson reminded him of the well-documented fact that lower tax rates on capital gains had produced more actual revenue collected from that tax than the higher tax rates had, Obama was unmoved.
4.
Nothing is more popular than the notion that you can deal with dangers from other nations by talking with their leaders.
British Prime Minister Neville Chamberlain became enormously popular in the 1930s by sitting down and talking with Hitler, and announcing that their agreement had produced "peace in our time"-- just one year before the most catastrophic war in history began.
He makes other very good points on Obama's politics of "change"
http://www.realclearpolitics.com/articles/2008/07/are_facts_obsolete.html
1.
Raising taxes, increasing government spending and demonizing business? That is straight out of the New Deal of the 1930s.
The New Deal was new then but it is not new now. Moreover, increasing numbers of economists and historians have concluded that New Deal policies are what prolonged the Great Depression
2.
Barack Obama is a politician through and through, even though pretending that he is not is his special strategy to get elected.
Some of his more trusting followers are belatedly discovering that, as he "refines" his position on various issues, now that he has gotten their votes in the Democratic primaries
3.
Perhaps a defining moment in showing Senator Obama's priorities was his declaring, in answer to a question from Charles Gibson, that he was for raising the capital gains tax rate. When Gibson reminded him of the well-documented fact that lower tax rates on capital gains had produced more actual revenue collected from that tax than the higher tax rates had, Obama was unmoved.
4.
Nothing is more popular than the notion that you can deal with dangers from other nations by talking with their leaders.
British Prime Minister Neville Chamberlain became enormously popular in the 1930s by sitting down and talking with Hitler, and announcing that their agreement had produced "peace in our time"-- just one year before the most catastrophic war in history began.
He makes other very good points on Obama's politics of "change"
http://www.realclearpolitics.com/articles/2008/07/are_facts_obsolete.html