This Saturday almost 400 people were arrested during a series of Occupy Wall Street protests that included breaking into City Hall, stealing an American flag, and burning it on the buildings steps.
These are not random acts of violence. They are the logical conclusion of President Obama’s embrace of the Occupy Wall Street’s divisive “We are the 99%” rhetoric. The Atlantic‘s Derek Thompson reported Wednesday after Obama’s speech:
A 7,000-word speech is bigger than a placard. But Obama’s address shared the same virtues and shortfalls of the populist movement. Like OWS, the president offered a diagnosis of the middle class crisis that was informed, passionate, and often insightful. Also like OWS, his solutions seemed small, misguided, or confused when matched against the scale of the crisis.
Obama’s “Buffett Rule” is the poster child for his agenda’s dangerous populism. Obama says his agenda “has nothing to do with envy. It has everything to do with math.” But then his administration refuses to say how much revenue their “Buffett Rule” would raise. Where is the math? As I wrote this morning:
Obama’s economic agenda is not about creating more jobs, spurring economic growth or even reducing the deficit. Liberal economists have already readily admitted that.
Obama’s “fairness” agenda has nothing to do with “fairness” as most Americans understand it. The meat of his agenda, the tax hikes, the banker prosecutions, the punitive energy producer regulations, all have one purpose: to drive Obama’s liberal base to the polls on the promise that he will bring “justice” to the hated 1 percent.
Voting for Obama’s revengonomics may make liberals feel better, but it won’t put more money in anyone’s pocket and it won’t put anyone back to work.
Obama’s “fairness” agenda has nothing to do with “fairness” as most Americans understand it. The meat of his agenda, the tax hikes, the banker prosecutions, the punitive energy producer regulations, all have one purpose: to drive Obama’s liberal base to the polls on the promise that he will bring “justice” to the hated 1 percent.
Voting for Obama’s revengonomics may make liberals feel better, but it won’t put more money in anyone’s pocket and it won’t put anyone back to work.
