Incentives Do Matter?

Commenter Marko, on the Carpe Diem blog asks to this post about President Obama’s State of the Union address:

By saying that he wants to cut taxes in certain sectors to encourage or help them, doesn’t Obama admit that higher taxes hurt business?


Here’s Obama’s SOTU in a nutshell:

I’ve picked winners.  I’ve picked losers.  

I want to continue to exceed the authority granted to me in the Constitution to pick more winners and losers.

I want to work with everybody in Congress to do things that I want done.  If you are against what I want, well, then, you’re bad.

Here’s my dream SOTU address:

As your President, I commanded the military to protect you so that you could continue to enjoy a level of freedom and standard of living unsurpassed ever on this planet and continue to pursue your happiness — even in these hard times.

I’ve preserved, protected and defended the Constitution, just as I solemnly swore to do when I took the oath when you elected me President.

I ask Congress to continue to pursue a rollback of government interference in your lives.

We’ve had some hard times.  Mistakes have been made.  I hope we all have learned from them.  One of the key lessons I hoped we all learned, is that when we manifest our generosity by demanding that others do something, rather than doing something ourselves, things end badly.

I’d like to encourage you, if you see a problem, work with your family…your friends…your neighbors and do something about it.

Good night.