Friday, November 27, 2009

My response to Politico's Arena Question of the Day:

Should Obama hit the reset button on the White House? If so, where might he find it?

One has to look at this from President Obama's perspective and then ask the question can I transform this country sufficiently through legislation and the application of regulatory power to meet the expectations of a growing electorate whose interests rest in redistribution of wealth and the provision of services by the central government? If so, these results, and not the creation of jobs in the private sector, will be the foundation upon which I base my next election and my legacy.

The only other alternative is for him to embrace long term tax cuts to encourage private sector investment and job creation. This approach would reward private enterprise and undermine the tax policy that he believes will fuel big government largess and his legacy of "change you can believe in" would be destroyed.

Obama is willing to run the risk that his policies of redistributive wealth, greater government control and provision of basic social services will win the day and appeal to a growing number of people, and with immigration reform growing faster, who want these rewards more than they ever wanted jobs.

I am a private citizen and I am not being paid to contribute this opinion.

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