Ryan asserts that Obama’s team knew that they oversold the stimulus, and they deliberately misled people.
He states the tally so far is $670 billion in new taxes put into law by Congress since Obama’s been in office, and his new budget proposes another 1.8 trillion (did I hear right?) in new taxes:
He appeared on CNBC, earlier today, as well, talking about the dire financial straights we’re in:
Malaise.
Obama’s policies are directly responsible for the lack of recovery in the American economy, and there’s no reason to believe it will recover any time soon. In fact he’s now admitting this: “America won’t be in the economic position it was before I got here”.
Which is why I continue to fume at non-moonbats who were fooled into voting for him. People couldn’t do a little research to find out what this guy was? People voted in a Socialist with a far left Dem Congress, and they thought everything was going to be okay? Why?
Related:
Hot Air: Cooking the books on Porkulus effects?
Catch the fevah – Join the Paul Ryan For President Facebook page.
More:
Here’s a good, but depressing explanation of what Obama’s doing, by Ben Domenech of Big Government
The aims of socialism are often misunderstood by most Americans, as the only socialist most know of is that harmless disheveled professor on the local campus. It’s a word which can hardly be considered insulting when an elected Senator of the Socialist party caucuses with the Democrats. While socialism is sold as a way to elevate the underclass, the actual result of its application isn’t to increase the prosperity of the poor – it’s a method of achieving permanent stratification by allowing the more productive members of society to pass any losses onto others.
The reason socialism fails, as my colleague Francis Cianfrocca describes it, is that it socializes losses, not gains. It is an application of the “too big to fail” policy across all levels of society – because the losers no longer face consequences for their mistakes, businessmen are happy to make more of them, morphing into the oligarchs of the Soviet era. The rich stay rich, the poor stay poor, and the classless society becomes one where the boundaries of class are nigh impossible to break.
President Obama has drawn many comparisons to Jimmy Carter and Woodrow Wilson, but his agenda is, in its all-encompassing approach, far more ambitious. As Josh Trevino has pointed out, where liberal projects once consisted of focused attacks on either end of the economic continuum – punitive taxes on the wealthy, union enabling, the minimum wage, and Lyndon B. Johnson’s war on poverty – Obama’s agenda is designed to destroy the ability to transit from one end of the continuum to the other. Every new cushion, apparently designed to ease the pain of losses, means new barriers obstructing individual freedom of action and the expected rewards of risk-taking, resulting in an immovable class society.
What is unprecedented about this agenda is that it fundamentally alters the traditional pathways to prosperity in American life. Social mobility is a distinctive, near-unique feature of America throughout its history. But if you are going to achieve financial success in Obama’s America, you will do so by following the path of these CEOs: passing the costs of benefits onto the taxpayers, spreading the burden of your losses to others, and, ideally, selling something to the government – the customer who never stops buying.
This is our future, designed by the leftist philosophers who inform President Obama’s views, and shepherded into law by partisan politicians like Henry Waxman. Welcome to the new American way.



















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