Obama's Anti-Jobs, Anti-Growth Agenda

By:  Ralph R. Reiland
Obama's Anti-Jobs, Anti-Growth Agenda

Shifting the blame for a failing economy from inept politicians and counterproductive government policies to “the rich” may work politically. But it’s an agenda that creates more disharmony than growth, more bitterness than jobs.

Even with average wages, adjusted for inflation, dropping for 21 of the last 23 months, higher rates of poverty, 23 million Americans unable to find regular work, ongoing $1 trillion deficits, ObamaCare pushing employers to cut full-time workers and hire part-timers, and the gross domestic product falling during the last quarter, there wasn’t much in President Obama’s second inaugural address about job creation, debt reduction, or economic growth.

Instead, it took only a few minutes into the speech before the rich became the target. Tying the ideals of the American revolution to his goals of economic leveling and income redistribution, Mr. Obama declared that “the patriots of 1776 did not fight to replace the tyranny of a king with the privileges of a few.”

It took Mr. Obama only a few additional minutes to deliver another slam at those with “privileges,” using the concept of a fixed pie in which someone can get a bigger slice only by reducing the slice sizes of everyone else. “For we, the people,” he declared, “understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it.”

It took only a few more minutes for the “shrinking few” with “privileges,” those with unearned and unfair advantages, to yet again become the villains. “We do not believe,” Mr. Obama proclaimed, “that in this country freedom is reserved for the lucky or happiness for the few.”

The “few” with “privileges,” in short, a “shrinking” overclass with a disproportionate share of “happiness” and “freedom,” are portrayed as “lucky,” not as hard-working, innovative, or productive, and not as job creators.

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