Those Obama voters who thought they were safe from tax increases since they don’t earn $250,000 or more per year, and thought (since Obama told them) that only the wealthy (those bastards!) were going to pay for the new American utopia, might see smaller paychecks soon. According to the International Herald Tribune, “The Obama administration is signaling to Congress that the president could support taxing some employee health benefits.”

The proposal is politically problematic for President Barack Obama, however, since it is similar to one he denounced in the presidential campaign as “the largest middle-class tax increase in history.”

Also in hope and change news, at National Review, Mark Steyn thanks all the young voters who stood behind Obama and chanted “Yes, we can!” Because, really, “imagine how bad all this economic-type stuff would be if our kids and grandkids hadn’t offered to pick up the tab.”

This is the biggest generational transfer of wealth in the history of the world. If you’re an 18-year old middle-class hopeychanger, look at the way your parents and grandparents live: It’s not going to be like that for you. You’re going to have a smaller house, and a smaller car — if not a basement flat and a bus ticket. You didn’t get us into this catastrophe. But you’re going to be stuck with the tab, just like the Germans got stuck with paying reparations for the catastrophe of the First World War. True, the Germans were actually in the war, whereas in the current crisis you guys were just goofing around at school, dozing through Diversity Studies and hoping to ace Anger Management class. But tough. That’s the way it goes.

Have no fear for the future, though. Yahoo news reports that Joe Biden ”feels the recent uptick in the stock markets is a result of the ‘Obama factor.’” (Biden shouldn’t get to talk about the economy until he coughs up the $2.50 he owes me). Apparently, when the market goes up, it’s because of Obama — he is the President, after all. When the market goes down, however, we’re reminded that it’s all Bush’s fault, of course — it can’t possibly have anything to do with the current administration’s talk of economic catastrophe in order to scare people into supporting its insane budget and spending plans. 

Until next time, keep hoping and changing, lest someone hopes and changes for you, or to you.

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