Courtesy of MoveOn.org, 10 things they think you should know about Obama's plan, which they assume you don't know (because, I assume, they think Americans are generally pretty dumb).
I have done some translating.
1. Makes a $634 billion down payment (that’s more than half a trillion) on socializing medical insurance in the United States, so Americans can finally enjoy the sub-par care and long lines that Canadians and Britons so appreciate.
2. Reduces income taxes for working Americans (as opposed to non-working Americans who, presumably, could use a little help right now). Note that many of these taxpayers do not, in fact, pay taxes but will still receive tax rebates for taxes they did not pay. And if your family makes more than $250,000, well, don't worry that won't be true for long.
3. Spends more than $100 billion for lobbyists' pet projects that are marketed as "green," destroying millions of non-"green" jobs that would never be outsourced if not for labor laws and the labor union flunkies that run American businesses into the ground.
4. Brings our troops home from Iraq on a firm timetable, which was set by President Bush and the Iraqi government before Mr. Bush left office—so we can finally divert spending from defense to Congressional Democrats' favorite pork barrel projects.
5. Reverses growing income inequality by financially raping the most productive individuals. The plan lets the Bush tax cuts for the wealthiest Americans expire and focuses on redistributing the fruits of all the wealthiest Americans' hard work.
6. Closes multi-billion-dollar tax loopholes for corporations, which will now by forced to increase the price of products and services to pay those massive new tax bills.
7. Increases grants to help families pay for college—the largest increase ever. Which will soon be followed by the largest increase in tuition rates—ever.
8. Halves the deficit by 2013, assuming an orchard of money trees starts producing cash. President Obama inherited a legacy of huge deficits and an economy in shambles, but his plan does its best to kill productive activity and keep those deficits growing.
9. Dramatically increases funding for the SEC and the CFTC—the agencies that did such a bang-up job of policing Wall Street these last few years. As the old saw goes, "If it ain't broke, don't fix it. If it is broke, don't fix it, just throw more money at it!" Not that investors could have used the reams of public information currently available before investing. Such personal responsibility is unthinkable in the land of rugged individualism.
10. Tells it straight by massively overestimating the size, pace, and extent of the economic recovery, thereby duping us into believing a bloated budget is somehow affordable.
Is this the change you voted for? President Obama has done his part, now we need to do ours.
Vote any Democrats or Republicans who support this budget out of office in 2010 and 2012. It’s change we need.
2 hours ago