In a 2008 debate, Charlie Gibson asked Barack Obama about his support for raising capital gains taxes, given the historical record of government losing net revenue as a result. Obama persevered: “Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.”
A most revealing window into our president’s political core: To impose a tax that actually impoverishes our communal bank account (the U.S. Treasury) is ridiculous. It is nothing but punitive. It benefits no one — not the rich, not the poor, not the government. For Obama, however, it brings fairness, which is priceless.
At which point, he began to drift towards people who told him they knew it was unfair, and they knew how to make it fair! And making it fair is all that he had to hear. It’s all he’d ever thought about, actually.
Which is why he could make a speech in 2009 proclaiming his intention to “fundamentally transform America”. That would be, from the Unfair state of being, toward his (and his friends’) ideas of what fairness would be.
Hence, Obamacare. It doesn’t work, but it’s More Fair. Spending all that Stimulus money – since it’s government spending it, and not private comanies, it will be More Fair! And let’s tax the rich unmercifully – it’s not fair that they have all that money!
And, to come full circle in Teh Bo’s life: The Tea Party is Unfair, because they don’t like the Bo D.!