Obama’s ‘Balanced’ Approach

Dispatches recommended by Thomas Sowell:

Barack Obama’s political genius is his ability to say things that will sound good to people who have not followed the issues in any detail — regardless of how obviously fraudulent what he says may be to those who have. Shameless effrontery can be a huge political asset, especially if uninformed voters outnumber those who are informed.

President Obama’s big pitch in his Monday night televised talk was that what is needed to deal with the national debt crisis is a “balanced” approach — not just spending cuts but revenue increases as well.

What could sound more reasonable — especially to those who have not been following what Obama has actually been doing and not doing? This is the same Barack Obama who, earlier this year, called for a “clean” increase in the national debt ceiling.

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