Not that any of us are surprised but Barack Obama’s mouthpiece, The New York Times, praised the Marxist redistribution of wealth enforced by Obamacare. And the author savors the fact that Obama is deliberately undoing “what historians have called the age of Reagan.”

For all the political and economic uncertainties about health reform, at least one thing seems clear: The bill that President Obama signed on Tuesday is the federal government’s biggest attack on economic inequality since inequality began rising more than three decades ago.

Over most of that period, government policy and market forces have been moving in the same direction, both increasing inequality. The pretax incomes of the wealthy have soared since the late 1970s, while their tax rates have fallen more than rates for the middle class and poor.

Nearly every major aspect of the health bill pushes in the other direction. This fact helps explain why Mr. Obama was willing to spend so much political capital on the issue, even though it did not appear to be his top priority as a presidential candidate. Beyond the health reform’s effect on the medical system, it is the centerpiece of his deliberate effort to end what historians have called the age of Reagan.

…Since Mr. Obama began his presidential campaign in 2007, he has had a complicated relationship with the Reagan legacy. He has been more willing than many other Democrats to praise President Reagan. “Reagan’s central insight — that the liberal welfare state had grown complacent and overly bureaucratic,” Mr. Obama wrote in his second book, “contained a good deal of truth.” Most notably, he praised Mr. Reagan as a president who “changed the trajectory of America.”

But Mr. Obama also argued that the Reagan administration had gone too far, and that if elected, he would try to put the country on a new trajectory. “The project of the next president,” he said in an interview during the campaign, “is figuring out how you create bottom-up economic growth, as opposed to the trickle-down economic growth.”

And, we’re all enjoying the great success of Obama’s Marxist bottom-up economic growth.

For some reason the Times forgot to mention this about the Reagan record… Reagan’s policies resulted in the largest peacetime economic boom in American history while creating nearly 35 million more jobs. Federal revenues doubled from just over $517 billion in 1980 to more than $1 trillion in 1990 after the Reagan tax cuts. President Reagan was able to bring down inflation rates from 10.4% in 1981 to 3.7% in 1987. Reagan brought the unemployment rate down from 9.7% in 1982 to 5.49% in 1988. The American economy also grew by almost one-third due to Reagan’s economic plan.

 

 

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  1. I believe we need to make it a mission that by 2011 the NYT will be out of business.

  2. to be a fly on the wall at the heinz-kerry mansion or is there a special “get out free” clause for the heavy rollers who supported the
    buffoon-n-chief? at one point, i think hollywood
    was concerned they’d have to get up off their
    wallets. the silver lining in this cloud would probably be just sitting back and rating the performances of the well-heeled when they find
    out the change they believe in will be all that’s left in their wallets.

  3. ” The New York Times, praised the Marxist redistribution of wealth enforced by Obamacare.”

    I think you meant to say the “redistribution of health.”

    This is a temporary setback, and like Obama it is all a sham, and a staged event. I hope the Supreme Court humiliates him, and his ilk, the way they were humiliated by him. What goes around comes around. These people are going to learn, they don’t get the final word on this.

  4. Bottom-up?

    How about this for a great bottom-up project: Let’s rebuild our manufacturing base, starting from the ground up. Let’s build small-scale steel factories in every town and neighborhood. We can dedicate ourselves to the production of steel and corner the world market! The steel we produce there can then go to manufacture other products. If we do this, we’d be like taking a great leap forward! Great idea, isn’t it!

    I wonder why no one’s thought of that before?

  5. Wait. You mean The One has not yet figured out how to obtain “bottom-up” economic growth? He’s never taken an economics course, I wager, but his Marxist instructions since childhood.

    He’s been determined to crush Reagan. Oh, how we miss him as well.

  6. I am soooo embarrassed that we have this paper in our house. My Husband subscribes to it. To balance things out, we also get the Wall STreet Journal. and I cancelled the NY Daily News after the election and their fawing coverage. And I TOLD THEM WHY! That was the best…

  7. bottom-up economic growth

    Also known as “Trickle-up Poverty.”

  8. Big question:

    Where will the money come from?

    The “rich”. And what when you run out of rich people to tax? Because that will eventually happen.

    Universal health care does not work. I challenge everyone who says that it works to come to the UK and watch. The national debt of the UK is skyrocketting. The national debt of Germany is skyrocketting and if we believe the economist Bernd Raffelhüschen, then the German national debt is 6.2 trillion Euros, thanks to the welfare state, thanks to this socialist nonsense. The sad thing is, I doubt that his numbers are far off. Germany, the UK, and many other countries are destroying billions of Euros every year for the “welfare state”. And now there are more and more calls for “social justice” and “redistributing wealth” usually from people who outright refuse to work.

    This system WILL collapse eventually.

    How does wealth come to be?

    By working. By achieving something.

    So some people seem to think that it is fair to take what somebody earned away from that person and give it to somebody who does nothing. Robin Hood. Take from the rich, give to the poor.

    The problem is, the only thing you create with this is a lot of poor people.

    My question is: why should I pay for somebody else’s health care? Why should I pay your rent? Why should I pay your mortgate?

    Why?

    Because it’s social justice?

    I work for my money, but it’s only “my” money after 5 months, because the government takes that much money from me to fund the welfare state. My neighbor is a doctor and 6 months per year she’s working solely for the finance minister so that he can finance people who outright refuse to work. Both my neighbor and I work 40+ hours per week. Yes, we do have “wealth”, but it doesn’t come from nothing. We work for it.

    How is that fair? Is that “social justice”?

    No, this is another step for the US to become like Europe. And anyone who believes that this is a good thing here’s my challenge: live in Europe, pay the taxes there, then talk.

    And ironically, even though many European countries have nationalized/universial health care… those people, who can afford it, what do they do? They get private insurance, because counting only on the nationalized insurance can get you killed these days. The German health care system has a severe lack of doctors. Austria has a severe lack of nurses. The UK with their NHS has one big problem: the NHS.

    Barrack Obama is a marxist who believes in “redistributing” wealth. But the government has absolutely no right to steal money from hard working people so that it can fund people who refuse to work.

    You want money? Health insurance? Wealth?

    Get a job.

    Obama’s next step will be an immigration “reform”, then he’s going to disarm the law abiding citizens. All of this has happened in Europe already and thanks to it Europe has the highest rate of violent crime in the world. And the ones behind it are the usual suspects: the left wing, the socialists, the communists.

    Trust me Americans, you don’t want that to happen. Every four minutes a woman is attacked in Germany. Berlin has the same murder rate as New York these days. In the UK they may have banned “evil” guns, but the number of murder cases is still rising, because, well, guns don’t kill people. Criminals with knives do. In the Netherlands I can get an AK47 for a price between 200 to 500 Euros, depending on the type. Of course illegally. No criminal would use a legal handgun. But the citizens have been disarmed. They can’t fight back. Add a total castration of the police and justice system and criminals can do whatever they want, which is exactly what’s happening in Europe.

    I also find one thing interesting: how can anyone still worship an ideology that murdered 120 million people in the 20th century? That’s what socialists and communists do.

    The creed of socialism is simple: make the rich poor, and keep the poor poor.

    Let me quote Churchill: “‘All men are created equal’ says the American Declaration of Independence. ‘All men shall be kept equal’ say the Socialists.”

    “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”

    “No socialist system can be established without a political police.”

    The last is where the 16,500 additional IRS agents come in.

    As I said:
    You want money? You want wealth? You want health insurance?

    Get a job.

    But you are NOT entitled to get MY money. You have NO right to take from me what I earn.

  9. You know what happens when you end an age, people realize just what was the source of their prosperity and enjoyment. They can compare and contrast that with their current plight. And when the next Reagan comes along and repairs the damage this Jimmy Carter does, it’ll be all the more apparent.

    They, in their naivete, are going to ensconce Reagan and even George W. Bush as two of the greatest leaders of America.

  10. Jim, it might also be worth you adding to your post the benefits to black America of Reagan’s presidency. He did more to improve the financial state of African Americans than any other president in history. Every measure of black economic health – from employment to revenues made by black businesses – improved dramatically under Reagan. That’s why he’s admired so much by black conservatives. I don’t have the figures at hand because I’m posting from a Blackberry, but you should be able to find them easily enough if you Google them – I’ve seen a few articles on this subject.

  11. The Times will have plenty of time to document the economic decline of NYC, a result of idiot liberalism.

    Bloomberg has already predicted big job losses in NYC as a result of the actions of the reckless Congress and the arrogant dope at 1600.

    Prediction: The dominant cities of the the past — NYC, Boston, Philadelphia, etc. — will eventually end up under the stewardship of the federal government, with all of America paying for them. Who is going to pay all those big public pensions in cities like Baltimore, Detroit, Cleveland, etc., where acorn parasites and abandoned buildings cover the city from end to end? Who is going to pay for all the mismanagement and criminality in the city halls of these sh*tholes?

  12. Can’t wait to hear the dems defend this.

    Native American Child Molesters Are People Too!

    http://biggovernment.com/jmattera/2010/03/24/native-american-child-molesters-are-people-too/



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