To consider only the seen while neglecting the unseen, as 19th-century political economist Frederic Bastiatwarned, risks cognitive errors. Policymakers must try to imagine the counterfactual when making a decision, taking an action, or analyzing history.

President Obama’s big speech on inequality last week illustrates vividly the value of asking, “What if . . . ?” Rising income inequality and declining economic mobility, the president declared, are “a fundamental threat to the American dream, our way of life, and what we stand for around the globe.” This factually suspect argument is put forth by Obama to promote his agenda of higher taxes, a higher minimum wage, and higher spending. To support it, he gave a revisionist history lesson worthy of Howard Zinn.

Many Americans recall the 1980s as the beginning of an improbable Long Boom when pro-market polices reversed what at the time had seemed like unstoppable economic decline. Obama, however, described the Reagan revolution as the moment when the postwar “social contract began to unravel” and “trickle-down ideology became more permanent,” leading to decades of dangerously unbalanced economic growth. The rich got even richer as middle-class incomes stagnated. The Age of Inequality had begun.

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Yes he is a habitual liar, and a illegal, commie,marxist,muslim,white haten dingbat who is in charge of destroying this country while our worthless politicians stand by and pad their pockets...

Regardless of how the Marxist Muslim COMMUNIST Barry Soetoro LIES, CRIES, DECEIVES, COMMUNISM IS NOT GOING TO WORK IN THE USA! IMPEACH OBAMA "NOW"!!!!

I don't recall any human in all my years that raises so much anger and hatred in every fiber of my being ! I have never wished harm to a prior POTUS !

BO IS A MEMBER OF THE ONE PER CENT HE LOVES TO PUT DOWN . WHAT IS HE PONTIFICATING ABOUT ? HYPOCRITE !

His speach was designed to continue the class warfare for the mid-term elections and the 2016 run by Hillary. He and his party are back to the "divide and conquer " techniques thay used last two elections. The difference this time around is that  people should see they have done nothing to create real middle class jobs and have no program to do so. His approach is to play Robin Hood  and hope that the morons out there will beieve that it will help them and vote democrat again.  

It amazes me how an individual who has never even ran a lemonade stand and a employment that, if we really called it what it was, little more than that of a substitute teacher, he was never a full fledged law professor.

   The lying sack of crap cannot keep his hands off the economy which he IS destroying. As for the completely useless Republican Party who for the most part are tucking their tails under their bellies and lying low. Bohner and McConnell are letting the bastard MuSLIMe run loose with out a peep.

The Dictator's not fooling us.

            When this country was first founded the settlers soon learned after the first year that when  every thing  produced is put into a warehouse and then divided equally that it did not work.   There were those that worked and those who took.   When each person was responsible for their own land production went up.   THe takers soon learned to get off their butts.     Some years ago in Dallas Tx. as a news story they were interviewing 8th graders on how they would spend their summer vacation.   One little girl said she planned on getting pregnant so she could get a check, stay home and watch soaps with her grandma, mama and her aunt.    How ever creative and productive they could have become  they would not give up the freebie.                                                                                                                                                                          

Obama, master of red herrings and false data, deflects attention from the slight of hand perpetrated by the Fed Reserve.  Solving economic problems requires location of real whys, or causes, of crashed statistics.  And whose correction, once located, improves survival's ledger.  The Elitist promoted Keynesian Economics while muzzling Austrian Economics authored by Ludwig Von Mises, Hayek, Rothbard, and backed by Ron Paul, Thomas Woods, and Lew Rockwell.   Their understanding of economics ushers in freedom and liberty.  Check'em out at mises.org...Semper Fi 

One Question: Why does a U.S. President focus on "inequality".  This type mentality is undesirable in a  "leader". Leaders that have Character flaws like this can not LEAD and should not be candidates chosen by our elected reps.

He Liar  no people will not believe it.  You have been found to be the worst liar and the one liar that never stops lying.  No one believe anything you say.  You are a disgrace to the human race.

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ALERT ALERT

Joe Biden Vows: Give Taxpayer-Funded Obamacare To All Illegal Aliens In U.S.

Former Vice President and 2020 Democrat presidential primary candidate Joe Biden is vowing to give Obamacare, funded by American taxpayers, to all 11 to 22 million illegal aliens living in the United States.

During an interview with Telemundo’s Jose Diaz-Balart, Biden forgot that Obamacare technically bans illegal aliens from enrolling in healthcare plans — although illegal aliens are still able to obtain subsidized and free healthcare at Americans’ expense — and promised that under his plan, all 11 to 22 million illegal aliens would be able to get Obamacare.

The exchange went as follows:

DIAZ-BALART: When I … NBC moderated that first debate with you, I didn’t … I don’t recall a clear answer, under your plan should … would the 11, 12 million undocumented immigrants that live in the United States, that have been here many for generations, would they have access …

BIDEN: Yes.

DIAZ-BALART: — to health insurance.

BIDEN: Yes, they … if they can buy into the system like everybody else.

DIAZ-BALART: Because you know, in [Obamacare] they can’t.

BIDEN: Yeah. Yeah, I know. Well they can, that’s my point. They continue to be able to do that.

DIAN-BALART: They cannot under the ObamaCare.

BIDEN: Well and that’s my point, they will though. They will be able to buy into … [illegal aliens] would be able to buy in, just like anyone else could.

Biden joins Sen. Bernie Sanders (I-VT), Sen. Elizabeth Warren (D-MA), and South Bend, Indiana, Mayor Pete Buttigieg — among other 2020 Democrats — in committing to forcing American taxpayers to pay for healthcare for illegal aliens who arrive in the U.S.

Already, due to loopholes, American taxpayers are spending nearly $20 billion every year to provide illegal aliens with subsidized healthcare, emergency room visits, and other health services.

Under the 2020 Democrats’ plan to provide taxpayer-funded healthcare to all illegal aliens living in the U.S., Americans would be billed potentially $660 billion every decade just to cover the costs. Other research has found that the plan would cost Americans at least $23 billion every year.

As Breitbart News has reported, experts have said that giving taxpayer-funded healthcare to effectively all foreign nationals who can make it to America’s borders would drive “strong incentives for people with serious health problems to enter the country or remain longer than their visas allow in order to get government-funded care.”

Despite 2020 Democrats’ continued push for taxpayer-funded healthcare for illegal aliens, American voters are overwhelmingly opposed to the plan. The latest Wall Street Journal/NBC News survey revealed that the healthcare-for-illegal-aliens plan is the least popular policy position, with opposition from 62 percent of U.S. voters.

Similarly, a CNN poll from July discovered that 63 percent of likely swing voters oppose providing healthcare to illegal aliens, along with nearly 6-in-10 of all likely U.S. voters and 61 percent of moderates. A Rasmussen Reports survey also found that likely voters, by a majority of 55 percent, oppose giving healthcare to even the most low-income illegal aliens.

Infantilization of Popular Culture

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