WHY OBAMA CAN'T CLOSE THE SALE
September 4, 2008
Even though Republicans are struggling nationwide in head-to-head contests, Democrats lead in voter registration and have a well-funded presidential candidate, Americans have not yet committed to Barack Obama. Why, asks the Wall Street Journal?
When it comes to his tax policies, health care and energy proposals, it appears that voters do not like what Obama is saying, says the Journal:
- He is offering a tax cut to moderate-income families, but a significant portion of the plan is a welfare giveaway costing more than $648 billion over 10 years.
- About 38 percent of U.S. households pay no income tax today, but under Obama that share would grow to nearly half of all American households.
- Obama's health-care proposal pushes for a national health insurance, heavily subsidized by taxpayers that would be offered to the currently uninsured.
- He is promising a massive increase in domestic, noncarbon-based energy from sources that produce only a fraction of our energy now, and a tax increases on U.S. oil and gas companies while continuing to cut off vast swaths of U.S. territory to drilling.
However, Americans are wiser than they are given credit, says the Journal. They can see through Obama's proposals, says the Journal:
- Voters know that tax hike won't help the economy.
- They know a centralized government-controlled health-care system will be more expensive, less efficient and less friendly to patients and doctors.
- They know that the most effective way to bring down energy prices is by keeping all our energy options open, including more drilling in the United States.
Moreover, they know that if a candidate has spent his entire career taxing more and spending more, that's what you'll get -- and more of it. So his problem isn't his plans for the campaign. It's his plans for governing the country. Americans just aren't buying into them, concludes the Journal.
Source: Al Hubbard and Noam Neusner, "Why Obama Can't Close the Sale," Wall Street Journal, September 3, 2008.
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