Obamanomics 101

On Friday night, in a campaign stop in Roanoke, Virginia, President Obama made what Michael Kinsley has called a gaffe.  In Washington, a gaffe is when you tell the truth, or, in this case, say what you really think: "If you've got a business - you didn't build that.  Somebody else made that happen." He left out the best part: "from each according to his ability; to each according to his need."  This second quote, of course, is not from Obama, but from Marx.  It should be engraved over each encampment of the gulags around the world. Socialism is the doctrine that dare not speak its name.  Conservatives run for office proudly on conservative philosophy, now summarized by the Tea Party as: fiscal responsibility - limited government - free markets.  Socialists have to dissemble.  Obama is not running and will not run as a socialist even though everybody knows he is one. What is interesting about this quote, however, is that Obama is right.  "You"...(Read Full Post)