I awoke this morning to my iPhone beeps of tweets on viral video and its impact on the POTUS campaign. The tweets are overly rated.
By now, according to many sources, 5 to 8 million people have watched the Romney video where he characterized 47% of Americans as believing they are victims and are entitled to government assistance.
Apparently some people, I do not know who, are outraged by this Romney remark. I am not. The AP characterizes the video as "secretly recorded remarks," which encourages readers to infer the remarks were secret, when in fact the video recording was done secretly, not the remarks. Now, neither the remarks nor the video recording are secret. So what?
I do not care about the video. Why? Because the campaign is, so far, an issueless competitive exercise carried on amidst a billion dollar barrage of 30 second, typically, out-of-context advertising soundbites. The POTUS campaign is an economic stimulus by itself. If we could escalate the campaign and keep it going for another year, the economy might just rebound. Perish the thought.
With respect to the American victims who might believe they are entitled to government assistance, under Obama the victims would include unions, automotive companies, banks and all consumers who may or may not benefit from the Bernanke QE2 or QE3 stimuli, I do not remember which.
I believe the 47% number is low. By the way, when you pay the government a large chunk of your income, a little government payback is presumed valid.
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