Obamathematics

Barack Obama has taken the old adage of buying votes with the voter’s money to a new level by applying a simple form of mathematics. The equation states that you can afford to alienate 5% of the voting public by promising to use their money to pay the remaining 95% for their votes. This may sound somewhat dishonest but if you couch it in the rhetoric of taxing the wealthy to help the middle class it becomes much more palatable.

Obama also employs the new English to go along with the new math. Once again he evokes the 95% figure and says that this percentage will get a tax reduction. If roughly 45 million tax filers have no tax liability, according to the IRS, how can they reduce their income tax?  Well you have to use the new math and the new English and then it all works out. Tax reduction is the new welfare.This must be what Obama calls education reform.

Now I’ll admit, I still believe that there is a golden rule that suggests the person with the gold makes the rules. If the top 5% were clever enough to become the top 5% I’m thinking maybe they will be clever enough to keep their money. The math is fairly easy. Profit is what you take in less what you pay out. If what you pay out equals operating costs plus taxes and taxes go up then you have to reduce operating costs to maintain profit.

I’ll put this question to all the 95% that will be getting money from the 5% (the 5% already know). Where will the reduction in operating costs come from? Will the auto maker buy less steel or the bakery buy less flour, or the furniture manufacturer by less wood? To do that would reduce the number of products that they sell. What they might do is hire less help or lay-off non-essential workers. You know what non-essential workers are; they’re the people that were brought in to grow the company and add more jobs.

Of course there is another way for the 5% to maintain their profit. The simply raise prices. It may not be a good idea in an economic downturn, but it is a way to balance the equation. The farmer adds a little, the dairy adds a little to what the farmer adds, the grocery store adds a little to what the dairy adds and you pay a little plus a little plus a little more.

So who in this new Obamathematics really pays for his new math? Well I guess that would be you and me. What’s more, now we add the 5% to the tax food chain. In Obamathematics they collect the tax from you in the form of higher prices and the government collects it from them if the unrepentant and reformed politicians aren’t convinced by lobbyists and special interests not to collect it.

5% of the people of the United States of America are being called upon to support our economy, the troubled world economies, and 95% of the tax filers. If I were one of them, I’d take my bat and ball and go home. If I could afford to do all that I probably could afford to just say no.

Here is something to keep in mind when you enter the voting booth this November. “If it sounds too good to be true, it probably is.”