The Liberal Ponzi Scheme Unravels

From Wizbang:

The world’s largest entity in terms of gross revenue had a bad month in April. The IRS collected only $245 billion dollars in April 2010 compared with collections of $266 billion in April 2009. This was only part of the reason the U S government ran up an $82 billion dollar deficit in April of this year because the government spent $327 billion dollars in that month versus $287 billion in April of last year. For 43 of the past 56 years there has been a budget surplus in April owing to the fact that tax collections occur then.

Of course, none of this is news to voters in Virginia, New Jersey, Massachusetts, and Utah and, as of last night, West Virginia. In all of these states the “surprise” losers were either irreparably tainted by an Obama/Pelosi/Reid connection or ossified incumbents that finally felt the wrath of an electorate that has had enough of giving at the office, giving at home, giving at the store ad infinitum, ad nauseum and giving everywhere else the government has extended its insatiable desire for taxes. Add to that anger a state immigration law in Arizona that a majority of Americans broadly support but is wildly unpopular in the establishment media, academia and other elitist strongholds and you get one of those rare moments in U S history when events converge to create a wave.

We are witnessing a worldwide repudiation of big government and Keynesian economics…

Yep – and the “surprise” losers are akin to all that bad economic news which is always “unexpected” in the news reports – in other words, the elite doesn’t understand what is happening, doesn’t want to know about it and is whistling past the graveyard.

As I’ve been saying, people are fed up – and the results in West Virginia and, I expect, in Pennsylvania show that even a substantial portion of Democrats have had enough. In the end, the catalyst for this was Obama.

He campaigned as a post-partisan, post-racial healer – someone who was an Outsider going to DC to knock heads together, clean up the mess and get things done. He’s been none of these things – and while the left will grumble and stay with him, the dismay on the center-left may prove fatal to the Democrats.

Its getting a little hard to remember, but 16 months ago the world was at Obama’s feet. We Republicans were shell-shocked at our defeat. Everyone was willing to give Obama his chance. What did Obama do? Immediately start to ram a highly partisan agenda through Congress. Compounding this error, he and his Democrats went out of their way to insult and disparage the opposition.

Sow the wind, reap the whirlwind. November is coming.