OBAMA DEFENDS REDISTRIBUTION – President Obama today heads to the liberal Center for American Progress to talk about ObamaCare and the economy. And while the president will certainly hit talking points about how Americans, one day freed of concerns over health insurance, can pursue their dreams of higher education and economic betterment, the basic message is likely to be the same one he has made in his other “major” economic addresses over the years: the need for more redistribution of wealth to deal with income inequality. Remember that while the redistributive properties of ObamaCare are causing mainstream Americans to recoil from the president and his health law, redistribution is its cardinal virtue to many on the left.
[Watch Fox: House Majority Whip Kevin McCarthy, R-Calif., discusses how the administration is attacking Republicans for their opposition to ObamaCare in the 10 a.m. ET hour]
Not paying attention – Obama has pursued his policy aims with dogged persistency since taking office and has made no secret of his central aim of shifting wealth. The surprise from many reporters at seeing millions of health insurance policies vaporized and in seeing premiums for those already covered leap astronomically indicates either massive inattention or a facile response to a story they can no longer ignore. Obama’s law turns insurance companies into vehicles for redistribution: heavily regulated, highly protected public utilities with a social-engineering mission. The fact that Obama is emphasizing this point now suggests he knows just how bad the days ahead will be for his law and his party. By hardening the resolve of the third of Americans standing with him on ObamaCare, Obama hopes to make good on his promise to have the law go into effect despite massive opposition and survive at least until the end of his term.