January 19, 2012

Obama vs. Christie and the Future

WASHINGTON – Whose job would you want to have? Would it be President Barack Obama’s or Governor Chris Christie’s in the great state of New Jersey? Would it be President Obama’s, whose budget woes are getting graver, or would it be Governor Christie’s, whose budget is at least looking to be survivable?

Now Obama is facing the choice in his budgetary decisions. Does he raise taxes only on families making $1 million a year? Or does he, as he has heretofore promised, raise taxes on families making $250,000?

Governor Christie has had an easier choice. He has promised a 10 percent cut on every New Jerseyan’s income. He has stopped the bleeding in New Jersey. He has cut 375 government programs. He has capped property taxes. He has confronted public employees with reasonable cuts in their bloated health care and pension benefits.

WASHINGTON – Whose job would you want to have? Would it be President Barack Obama’s or Governor Chris Christie’s in the great state of New Jersey? Would it be President Obama’s, whose budget woes are getting graver, or would it be Governor Christie’s, whose budget is at least looking to be survivable?

Now Obama is facing the choice in his budgetary decisions. Does he raise taxes only on families making $1 million a year? Or does he, as he has heretofore promised, raise taxes on families making $250,000?

Governor Christie has had an easier choice. He has promised a 10 percent cut on every New Jerseyan’s income. He has stopped the bleeding in New Jersey. He has cut 375 government programs. He has capped property taxes. He has confronted public employees with reasonable cuts in their bloated health care and pension benefits.

It’s all part of what he terms “the New Jersey comeback.” New Jersey’s state budget was a kind of Ponzi scheme when he came to office, and time was running out. Now he has the budget back on track, and it’s time for a tax cut for everyone.

Interestingly, his Democratic opponents in the state legislature say the cut amounts to a pittance. It means a mere $275 for families earning $100,000. Their alternative is a tax increase, but only on millionaires. My guess is that a goodly number of New Jerseyans will see thorough this.

The Democrats began their binge by raising taxes on the very rich. Yet there was not enough money to pay for their munificence by taxing the very rich. So the Democrats worked their way down to the middle class, and the result was the economic basket case from which Christie is now freeing all New Jerseyans.

Obama has to make his decision by early next month, when he decides on his budget: Raise taxes on everyone making over $250,000 a year or only on millionaires? Of course, in 2010, he took a dreadful drubbing at the polls on taxes, and it could happen again. Some Democrats have agreed with the Republicans. They say people making $200,000 to $250,000 are not making that much money, particularly if you live in a place like New York.

Democratic Senator Charles Schumer has seen the light. He has said of people with such incomes, “They are not rich, and in large parts of the country, that kind of income does not get you a big home or lots of vacation or anything else that’s associated with wealth in America.” And he went on, “They are firmly in the middle class. Same with small-business owners in that class.”

What will our president do? I say he will include families making $250,000 in his tax cuts. Moreover, if reelected, he will increase taxes on the middle class. Obama is a redistributionist. He believes more ardently in redistributing wealth than in creating it. Follow the course of Obama’s earlier redistributionist, Franklin Roosevelt, and you will know the direction in which Obama is going.

In the current issue of The American Spectator, Burton W. Folsom Jr. and Anita Folsom write that FDR “lamented” in the late 1940s that “too many people are earning money and not contributing to the government.” Thus, he and his New Dealers got to work raising taxes. From “1940 to 1942, the number of Americans paying income taxes jumped almost ten fold, from 4 million to 39 million. Furthermore, the starting tax rate skyrocketed from 4 percent to almost 24 percent.” No wonder FDR is one of Obama’s heroes.

Yet Obama is a reactionary. He believes in the past, a past of vast government control of the economy, redistribution and slow growth. Christie and Congressman Paul Ryan of Wisconsin believe in growth. The future is theirs.

COPYRIGHT 2012 CREATORS.COM

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.