Well today Barack Hussein Obama is going to announce another spending spree; $478 billion for this one. Barry plans to use that for "roads and bridges." Anyone remember how that $800 billion dollar pork stimulus plan panned out? Barry says he doesn't want to raise the gas tax; instead he'll assess more fees for the working stiff... but the big pile he's looking for is from taxing all that overseas money that American corporations have parked over in Ireland and Germany and Switzerland.
That money is parked over there for a reason; to avoid the highest corporate tax in the developed world at 35%. Elsewhere in the industrialized world that corporate wealth is taxed at no more than 15%.
So Barry says he's gonna ask a Republican Congress to enact legislation to tax these corporations. And you just know the Repubs are gonna go along with that, right boys and girls? So what have we got from Barry? Yep, just another political ploy, another chance to demonize the Republicans for giving support and succor to the wealthy.
Now Barry is either stupid...or insincere, one or the other. Or maybe both.
The problem with Barry's proposal is that he can only succeed in driving more corporations to relocate overseas, whereas America will then suffer an even deeper loss of American jobs. How do we know that? Well, just take a look at the hundreds of companies who have already voted with their feet and left, either through migration or through mergers with foreign entities.
Should we be surprised by Barry's proposal? Nope. Barry hasn't a clue how capitalism works. If he did he wouldn't have hampered American businesses over the six years in office. There is absolutely nothing Obama or Congress can do to keep businesses here who don't want to be here.
So the Republicans will smirk and move on to something else. And the Occupy movement, and the Green Check crowd can label the Repubs an enemy of the working man because they haven't a clue either...if they did they would not have re-elected Barry in the first place.
We can only speculate what Barry is gonna come up with next. He's trying mightily to set the Democrats up for victory in 2016 by throwing out bags of sweet candy to the masses, knowing it will only make them sick.
Sad. Damned Sad.