President Obama has a new booklet—a glossy, 20-page spread called “The New Economic Patriotism: A Plan for Jobs and Middle-Class Security.” The title is completely Orwellian, since the plan—which is nothing new—would actually kill jobs, harming the middle class.
As expected, the “new patriotism” means paying more in taxes for those small business owners who create many of the nation’s jobs.
This isn’t the first time the President has invoked patriotism to describe economic plans.
When he was running for President, Obama condemned George W. Bush for adding $4 trillion to the national debt over eight years, calling it “irresponsible” and “unpatriotic.” Now—in less than four years—Obama’s Administration has already added almost $6 trillion to the debt. And he’s on track to add another $4 trillion over the next decade.
So the definition of what it actually means to be an economic patriot is still a bit confusing. But as for the President’s plan, it hasn’t been changed or updated. CNN’s Jessica Yellin reported that “there’s not anything significantly new in here. It’s just all compiled in a nice booklet now.”
The nice booklet starts off with the claim that President Obama has overseen the creation of 5 million jobs—which Heritage has debunked.
Cont. Reading
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