Obama’s Inequality Prescription: Cronyism, Generational Theft, and Massive Debt

President Obama’s speech yesterday on inequality was a combination of the cynicism and panic that have governed his actions lately. Panic, because the speech was an obvious populist pep rally to distract from the massive economic disruptions his failing and flailing policies–at the moment, chiefly ObamaCare–are causing. And cynicism, because his opinion of his audience is low enough that he thinks the transparent ploy will work on them.