The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Thursday, January 29, 2015

O was wrong, again

Obama's college savings tax crashes to earth

O chose to pay part of the costs of Obamacare subsidies for not well off buyers out of the hides of retirees on Medicare.

Recall that during the whole summer of debate on the financing of Obamacare it was pretty much a given part of the cost of those subsidies was going to come by taxing "Cadillac plans," EGHPs providing the best coverage, often plans hard won by decades of union effort, given a disparaging name in Republican and Obamaphile propaganda.

And this time O was attempting to finance his junior college free tuition plan in part by taxing college savings of people contributing to tax sheltered education funds, 70% of which belong to families making less than $ 150,000.

On all three occasions O has chosen to finance benefits for poorer, blacker folks among the traditional beneficiaries of Democratic Party policy partly by taking it out of the hide of better off, whiter folks among the traditional beneficiaries of the Democratic Party.

If the claim is made that he had to do these things as concessions to the GOP I point out that it was the GOP that blew the whistle on all these moves and joyfully took the opportunity to use the wedges he had provided to split into traditional Democratic support.

And note that the proposal concerning the 529 was all his own.

Absolutely nobody pushed him into it and the GOP has laughed at him over it since the first day.

This sort of thing is not the result of GOP pressure.

So, is it just him, or is this what we can expect in the future from a Democratic Party far less interested than in the past in protecting benefits, much less expanding them, for the white working class, whether while young, while of working age, or while retired?

Judging from the attitudes of liberal bloggers I think it's by no means just him.

Liberals have been the enemies of white labor in the Democratic Party since 1968, if not earlier.

They have been pulling the party away from white working people ever since that time, slowly but inexorably.

And of course it is and has been all along impossible to neglect the interests of the white working class without neglecting those of the entire working class, and that is exactly what they have done.

Such race-targeted moves as the above do not make up, for their non-white beneficiaries, for that neglect.

That doesn't make the Democrats the greater evil of the two major parties for the working class, white, black, or all.

But they are a hell of a lot less good than they could be.

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