Hoodwinked

The American people unwittingly voted for a Socialist yesterday; a proponent of a larger government and wealth redistribution. When you scrape away all the pretty but empty rhetoric, Barack Obama and the current Democratic party is far more leftist than the majority of Americans. Given the propensity for the MSM to support (and cover for) a politician with whom they agree, it will likely take three or more years for this realization to hit moderate Democrats and Independents.

What can we expect over the next 4 years?

Debts and the deficits
The national debt grew under the Bush administration, but it wasn’t because of conservative policies – that’s the conventional wisdom we’ve heard from the MSM and Democrats over the past eight years. The truth is Bush never was a fiscal conservative, nor is most congressional Republican's.

We have a spending crisis in this country, not an income crisis. Obama and the Democrats don’t understand this or don’t care. If you thought spending was out-of-control during the Bush Administration, you haven’t seen anything yet.

Increasing taxes on those who earn $250,000+ and corporations isn’t going to fill the income gap. Federal tax receipts mirror economic growth. Increasing tax rates won’t spur economic growth, especially to levels necessary to reduce deficits.

Economic Growth
Will the economy recover on Obama’s watch? Absolutely. You could appoint Mickey Mouse to the POTUS and the economy will recover from the cratering we witnessed this year. The more important question is what growth rates will we see over the next 4 years? My guess is they’ll be anemic, but masked by boat loads of government spending and debt. Trickle up economics doesn’t lead to innovation and entrepreneurism; doesn’t offer the rewards necessary to encourage prudent risk-taking and job creation. Government busy-work jobs don’t add to national prosperity or sustained growth. They amount to eating your seed corn while gutting your house of 2x4s to keep the furnaces burning.

Thugocracy and the squashing of dissent
I find it amusing to listen to those railed against “Bushitler”, those who call themselves privacy advocates. We saw how principled they were in their beliefs when Democratic pubic officials rifled through government databases to dig up dirt on Joe Wurzelbacher. We've learned if you disagree with Obama and the Democrats on anything and you can expect to be called a “hater” or “racist” – you might even be targeted by one of Obama’s “truth squads”.

And now we see Democrats chomping at the bit to pass the “Fairness Doctrine”, legislation that conveniently crafted to ignore the fact the MSM and entertainment industry is dominated by liberals. We also see them ready to pass The Employee Free Choice Act, and unbelievably despicable, anti-Democratic pieces of legislation. What's next, government officials looking over my shoulder in the voting booth four years from now?

Expect many more examples of ideological thugocracy under an Obama administration. These folks are only getting started.

The greening of corporate welfare
For those of you who rant about handouts to corporations, don’t expect that to end under an Obama administration. He has his list of more deserving corporations. Expect a massive boondoggle as the Democrats hand over truckloads of cash to the greens, the construction industries, and the education establishment - but don’t expect much return on that “investment”.