Wednesday, January 21, 2015

Obamanomics vs. Robin Hood

Hours before President Obama’s 2015 State of the Union address, the New Jersey Star-Ledger posted an editorial titled Obama's Robin Hood plan is overdue.

After an opening diatribe about the unfairness of the system—it paraphrases Elizabeth Warren regarding how “the game today is rigged”—the Star-Ledger wrote:

President Obama’s tax plan, which will be the centerpiece of his State of the Union address Tuesday night, has to be viewed through this lens. Pared down to its basics, it is a Robin Hood plan that raises taxes on the top 1 percent, while cutting taxes for the middle-class and below.

I left these comments:

Keep in mind that the real Robin Hood took wealth back from the thieving aristocratic rulers and returned it to the poor commoners who actually earned the wealth.

Today, the Robin Hood legend has been corrupted into something morally sinister; that it’s OK to take from others, as long as those others have more than you. That is not economic justice. That is theft.

“Economic justice” as the Left uses the term is a means of empowering government to favor some economic groups over others; i.e., to take from those who earned it and give it to those who didn’t. It is a reverse Robin Hood ideology that sides with the very people who were the targets of the real Robin Hood’s crusade for justice—looting rulers and their favored constituents. Case in point: Obama’s “Free” Community College Scheme, which would award handouts to select community college students paid for by looting the people who choose a different path.

What is real economic justice? Simply this: Whatever the economic level, if you earned it, it’s yours by right, and you are free to spend it, invest it, save it, or give it away according to your own judgement.

Obama is no Robin Hood. He’s the thieving aristocratic ruler, with a twist: He takes from the productive rich, not to enrich himself monetarily but to empower the new aristocratic rulers through vote buying.

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