The evidence is conclusive. Our president never acquired anything more than the barest rudiments of elementary mathematics. As his latest budget clearly demonstrates, although he learned to add, he never learned to subtract.
Our nation faces a budgetary crisis of epic proportions and yet Barack Obama continues to add to our problems. Despite solemn promises to cut our deficit, he does not seem to know how. Our national debt is already climbing toward sixteen trillion and now he proposes to increase this by another eleven trillion.
Never mind that we already owe more that our gross domestic product, Obama cannot figure out how to spend fewer dollars. Once more he intends to introduce a massive stimulus. Once more additional monies—we do not have—are to be lavished on shovel-ready construction projects.
Barack even intends to buy high-speed trains that few people will ever ride. Like a child at Christmastime, he insists on having his toy train set irrespective of what his parent’s pocketbook can afford.
And how about those phantom subtractions that supposedly come from not expending money onAfghanistan. This was money that was never expected to be spent. Obama’s critics have castigated this is no more than smoke and mirrors, but he and his partisans continue to pretend it is real money.
No, wait! Barack does know how to subtract. The trouble is he intends to subtract this from others—most notably the rich. His idea of fairness seems to be that his enemies must give to him whatever he wants so that he can continue to be generous with his friends.
Come to think of it, Obama may not even have gotten the hang of addition. He has decreed that insurance companies must provide the employees of Catholic institutions with birth control services—for free. Since these are not his funds, they evidently do not count as real expenditures.
Apparently the only thing our president knows how to do is multiply. As he has once more proved, every time he is up for election his promises proliferate exponentially. So, unfortunately, will our troubles; that is, when his bills eventually come due.
Thomas Sowell has recently reminded us that Theodore Roosevelt boasted of not having studied economics. Nonetheless, Teddy proudly justified his incursions into the marketplace on the grounds that he was serving moral ends.
Apparently Barack Obama subscribes to the same school of economics. He too seems to believe that his calculations are moral, and hence not economic. He, therefore, feels free to move numbers around any way he pleases.
Yet how moral is it for a politician to impoverish his nation? Ronald Reagan apologized to the navy for comparing profligate congressional spenders to drunken sailors. Perhaps Barack Obama is also drunk on his own good intentions. Perhaps that is the reason his budgetary figures never come into focus.