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Winners and Losers in Obama's Budget: Really, We're All Losers

The Atlantic came out with its list of Winners and Losers from Obama's 2011 budget. I modified it somewhat. Those who win the game of using the state to redistribute wealth from one person to another are:

  1. Those people who are currently on the low end of the income tax breakdown, either because they are just beginning their careers, or they do not work very many hours, or they do not have very many useful skills that they bring to the marketplace, would be winners as Obama in all his infinite wisdom has decided to keep in place the tax cuts that Bush gave these people that have worked so well. As these people gain more experience, work harder, and gain more valuable job skills, they will become losers, as Obama's policies do just that- punish success.
  2. Public school teachers, such as the NEA, which has so strongly backed Obama and his policies, even though doing so has destroyed education funding in our nation and led to massive pay cuts and layoffs for teachers. Obama's healthcare plan would destroy teachers, but oooohh, he is handing out an extra $3 billion to schools, so that's makes them winners.
  3. The government would revoke $6 billion of Bush-era tax breaks on energy producers such as oil, gas and coal companies, and instead give those tax-breaks to clean energy technologies that are little more than boondoggles that suck energy from the system and are inefficient at using resources. This makes these politically correct industries 'winners' in the government lottery of holding a gun to my head to give them my money.
  4. Government employees are the biggest winners. Discretionary spending skyrockets, in spite of Obama's recent lies to be a budget fighter and deficit hawk.

Biggest losers from Obama's budget:

  1. Successful people, who create jobs, invest wisely, live within their means, and work hard. Obama doesn't like those people, and so is going to raise taxes on them to punish them for being good people (ie, let the Bush tax cuts on households making over $250,000 expire).
  2. Banks and companies would be losers, as Obama attacks the money and companies in our nation in a determined attempt to chase it all out of the USA. Multinational corporations will pay higher taxes on overseas earnings.
  3. Oil, gas, and coal companies will be shaken down for another $40 billion by eliminating Bush-era tax breaks. These companies will respond by cutting jobs, investment, and production in our nation, and raising prices on everyone who uses energy, making everyone a loser.
  4. The biggest loser in the proposed budget is NASA. These people supported and believed in Obama, and now they are being backstabbed by having the mission of NASA changed to 'support of the global warming lie' and the cancelling of all space flight activities.

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