By Ron Meyer
Obama Stares into the Eyes of his Teleprompter
WTP Exclusive
President Barack Obama is trying to pull a ‘Bill Clinton.’ After failing to pass health-care, he is attempting to pose as a moderate conservative.
I couldn’t help thinking about Bill Clinton’s quote, “the era of big government is over,” when Mr. Obama proposed the veto-enforced discretionary spending freeze starting in 2011. He also promised to invest in nuclear and clean coal power — a total flip on his part — and then promised to cut capital gains taxes for small businesses.
First off, it’s about time. Secondly, talk about some blatant political posturing. After campaigning specifically against spending freezes, drilling, and tax cuts, he now wants to embrace them. Hmm. I wonder if Senator-Elect Scott Brown’s election has anything to do with this sudden about-face.
Well, maybe he realizes “it’s the economy, stupid.” It’s not health-care, not cap-and-trade, and not bank taxes. It’s jobs.
While he is still in denial when it comes to the bailouts and the stimulus package, I think he finally gets that if he wants any chance of winning in 2012, he must give fiscal relief to small businesses. To be honest, we should have gotten rid of the capital gains tax on small businesses a long time ago. Cutting these taxes frees up capital for businesses to use on new employees.
As Mr. Obama giveth, so he taketh away. In an act that would certainly cut jobs, Mr. Obama also promised to tax big business and big banks; this policy will take away capital and make it harder for any business to get loans. But hey, maybe he’ll get some political points for taking it to the fat cats — even if they are the one who provide jobs for numerous American workers.
Concerning Gov. Bob McDonnell’s response: great messaging and a solid delivery. It was rather refreshing to see a Republican clearly articulate free market economics and lay out a path for job growth.
Mr. McDonnell gave a terse speech in defense of liberty and of the founding father’s intent for our government. I was taken aback to actually hear a Republican use the word “federalism” in a large-scale address.
This quote says it all: “Top-down one-size fits all decision making should not replace the personal choices of free people in a free market, nor undermine the proper role of state and local governments in our system of federalism. As our Founders clearly stated, and we Governors understand, government closest to the people governs best.”
This is exactly the fresh outlook on government the country has been seeking. America has never liked centralized power or long lectures. Mr. McDonnell offered a short, punchy rebuttal of the centralized model proposed by the Democrats. Most importantly, Mr. McDonnell looked America in the eyes — not in the teleprompter.
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