Dear Ruler addressed the nation on Friday about the looming fiscal cliff.  What did we get out of his speech?  Exactly what you would have guessed – a snotty “I won” sort of attitude coupled with the resolute push to raise taxes on the filthy rich.

On the issue of tax increases, Barack Obama said, “On Tuesday night, we found out that the majority of Americans agree with my approach.”  Of course they do!  That’s because close to half of Americans don’t even pay any income taxes … it’s not their taxes they are talking about.  They are voting to get their hands into other people’s pockets.  Just why can’t the people figure that out?  The ObamaMedia already understands this, but won’t bring it up because it speaks against their messiah’s plan.

Obama, of course, has been able to play the wealth envy card for some time now thanks, as I said, to the help of the ObamaMedia.  That doesn’t look like it is going to change. In an interview with House Speaker John Boehner, Diane Sawyer did her part to press that the American people want these tax increases.  She says, "[Obama] campaigned on it. Sixty percent of the voters have said that they are ready to raise these taxes. They are ready to have the wealthier Americans pitch in here."   Did you catch the premise of Sawyer’s statement?   Sorry … for those of you government educated, the word probably doesn’t mean anything to you.  Here’s a definition:  A premise is something that you wouild base an argument, theory, or undertaking on.  In this case Sawyer’s premise upon which she states that the voters are “ready to have the wealthier Americans pitch in” is that these wealthier Americans aren’t pitching in.  This, in fact, is what the people believe.  They’ve been listening to Obama telling them for four years now that the rich aren’t paying their fair share, and that rich people pay lower taxes than their secretaries – a provable and demonstrated lie.  It’s astounding, but the majority of Americans actually BELIEVE this!  While the top 1% are earning about 18% of the income and paying over 35% of the taxes, Diane Sawyer is telling John Boehner that the country wants these rich people to pitch in.  It’s so sad the American people are so ignorant and uninformed. The facts are out there.  The facts are out there.  Diane Sawyer either knows the facts and hooses to ignore them, or she is ignorant.  Either way, there is no excuse.

Then we have proggie politicians like Sen. Chuck Schumer saying that the premise that cutting taxes will result in greater economic growth is “a Rumpelstiltskin fairy tale.”  Well if that is a fairytale than the liberal approach to economic growth is a nightmare.  If Chuck Schumer was a student of history, he will note that throughout the history of this nation we have seen tremendous economic growth as a result of tax cuts – in the 1920s, the 1960s and the 1980s.  The refusal of the left to acknowledge the economic impact of tax cuts throughout our history show that they are the ones who are truly putting ideology and power (more votes) ahead of logic and reason.  If Schumer doesn’t want to look back into history, maybe he could take a look at this study from a Harvard economist …

The evidence speaks loud and clear: when governments reduce deficits by raising taxes, they are indeed likely to witness deep, prolonged recessions. But when governments attack deficits by cutting spending, the results are very different …

When Carlo Favero, Francesco Giavazzi, and I studied the results, it turned out that the two kinds of deficit reduction had starkly different effects: cutting spending resulted in very small, short-lived—if any—recessions, and raising taxes resulted in prolonged recessions.

And you do realize, don’t you, that if Obama gets his way on these tax increases on the evil rich, it would only cut the deficit by about 7.5%?  Far from the deficit and debt reduction promises he has made to the great unwashed.