'Smart' Obama Gets an 'F' in Math

Memo to the brainiac: class warfare/soak-the-rich must have sounded really appealing in university when spun by Marxist true believers, but here, courtesy Peter Wehner, is why it won't work:

Obama’s argument is built on sand. A tax increase on the wealthy would fall far short of the revenues needed to reverse our fiscal trajectory. Our budget problems are significantly worse today than they were in the 1990s. There are not nearly enough wealthy people in the nation to tax in order to tame our debt. If the president wants higher taxes to improve our fiscal imbalance, he will need to embrace a massive middle-class tax increase and/or a value added tax (VAT). But Obama hasn’t shown the slightest preference for that option. It’s pure fiction to pretend that higher taxes on those making more than $200,000 will make much of a dent in our debt, given the size of our long-term spending problem. Obama’s argument isn’t with Republicans. It’s with basic arithmetic.

Comments on Barry's Report Card: Can't add. Can't lead. Can't wrap his head around foreign policy and America's proper place in the world.

Can still talk your ear off, though.