Obama's speech last night was loaded with socialist policy promises, everything from curing cancer to everyone having a college education to
read my lips no new taxes, anyone making less than $250,000 will not pay a DIME MORE, not a dime more in taxes. Obama also included his promise to halve the budget deficit by the end of his first term.
Here is the line that may come back to haunt Obama.
"But let me perfectly clear, because I know you’ll hear the same old
claims that rolling back these tax breaks means a massive tax increase
on the American people: if your family earns less than $250,000 a year,
you will not see your taxes increased a single dime. I repeat: not one
single dime."
Do not be mistaken, ambition is a positive trait, but managing expectation is a valuable ability.How does he pay for his ambitions?
Here is a complete list of his promises compiled by
Politico.
— National health care coverage within the year.
— Seek a “cure for cancer in our time.”
— Reestablish America as producing the highest proportion of college graduates in the world by 2020.
— Lay “thousands of miles of power lines,” and construct wind turbines and solar panels.
— Expand mass transit.
— Reform the regulatory system
— Pass legislation that places a market-based cap on carbon pollution
— Commit to the goal of a “re-tooled, re-imagined auto industry.”
— Invest in electronic health records and new technology to reduce medical errors.
— Create new incentives for teacher performance
— Expand commitments to charter schools
— Sign legislation on national service authored by Sens. Edward Kennedy and Orrin Hatch.
— End direct payments to “large agribusinesses that don’t need them.”
— Eliminate no bid contracts in Iraq.
— “Root out waste, fraud and abuse in our Medicare program.”
— Jettison tax breaks for corporations that ship jobs overseas.
— No new taxes – “not one single dime” – for families that earn less than $250,000 a year.
— Begin debate on overhauling Social Security while creating “tax-free universal savings account for all Americans.”
— Increase the number of soldiers and Marines – and raise their pay and benefits.
— Encourage parental responsibility.