Obamanomics

Now, I’m not suggesting Obama intends to transform this nation into 1950s-era Soviet tyranny or that he will possess the power to do so. I’m suggesting Obama is praising and mainstreaming an economic philosophy that has failed to produce a scintilla of fairness or prosperity anywhere on Earth. Ever.

If you believe that “fairness” — a childishly subjective idea that ought to be quarantined to playgrounds and Berkeley city council meetings — should be meted out by the autocrats inhabiting Washington, D.C., your faith will be duly rewarded.

You know, once upon a time, the stated purpose of taxation was to fund public needs like schools and roads, assist those who could not help themselves, defend our security and freedom, and, yes, occasionally offer a bailout to sleazy fat cats.

Obama is the first major presidential candidate in memory to assert that taxation’s principal purpose should be redistribution.