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Investors.com
Obama Sets GOP
Trap With Fiscal Cliff Strategy
11/28/2012
Fiscal Cliff: President Obama is back in fifth-gear campaign mode, in
an around-the-country push to get Republicans to cave in on taxes. But
his "My2K" strategy offers no concessions of his own.
It can't be stressed strongly enough: What President Obama is now up to
seeks to destroy the Republican Party as it has existed since the
election of Ronald Reagan in 1980.
That revitalized political institution became a party of ideas based on
economic freedom, such as fighting for fiscal safeguards through which
the people could "permanently control government's power to tax and
spend," as Reagan said in his second inaugural address.
The 40th president sought "to protect future generations from
government's desire to spend its citizens' money and tax them into
servitude when the bills come due."
If Obama succeeds, the GOP will be the Party of Reagan no more,
returning to the intellectual barrenness of the Nixon-Ford presidencies
— its excuse for economic policies back then being wage-and-price
controls and asking people to discipline their own personal spending
habits while wearing ridiculous "Whip Inflation Now!" buttons.
Republicans will return to their perpetual minority status in Congress
— the kind of party that held control of the U.S. Senate for only four
years from 1933 to 1981, and could gain a majority in the House of
Representatives for only four years from 1931 to 1995.
A majority of Americans will never vote for the 21st century version of
Tom Dewey "Dime Store Democrat" Republicans…
Read the rest of the article at Investors.com
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