I target Larry Kudlow specifically, but
his outlook is typical of many, many others. He said, correctly, that
O's state-of-the-union had nothing about stimulating jobs or the
economy. He further went on to state that O has no understanding of
economics.
Beg to differ, big time.
I am reasonably sure that JFK's
admonition that a rising tide raises all boats is not lost on him.
However, unemployment and economic growth are still in the doldrums,
and will remain thus for the rest of his term of office. He will
spend exactly zero effort to fix same, because this is not a priority
to him and is largely irrelevant and relatively unimportant.
He is focused on reducing the gap
between the highest and lowest boats. That is why he keeps saying
that millionaires and billionaires and owners of personal jets must
do their fair share (paying more taxes) and shoveling $$$ at welfare
and foodstamps and Medicare even faster than John Brown (Google it
people, it is an old folksong). This constitutes the sum total of his
economic pogrom (Google it).
Whaddup?
See, O spent the impressionable,
critical years of his life during elementary school in Jakarta
(Indonesia). Here, unlike on the Big Island of Hawaii, there is a
huge, concrete gap between the have's and have-not's, and never the
twain shall meet. Therefore, he views all of human society from the
lens of a have-not. Closing this gap is at the heart and soul of his
personal philosophy, even in the US were such a gap does not exist.
He views this as the most ethical and moral principle he can possibly
pursue.
