Can Obama be anymore pathetic at this point?Democrats across the country don’t want him anywhere near their campaigns for good reason. He’s become radioactive.
The Hill reports that with five weeks remaining before November's midterms, President Obama is slamming the Republicans' legislative agenda as a gift to the wealthy at the expense of the middle class.
The GOP's "Pledge to America," Obama said Saturday during his weekly radio address, promotes "the very same policies that led to the economic crisis in the first place."
"It is grounded in the same worn-out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself," Obama said.
"That’s not a prescription for a better future. It’s an echo of a disastrous decade we can’t afford to relive."
Unveiled by House GOP leaders Thursday, the 21-page "Pledge" broadly outlines the Republicans' legislative plans for creating jobs, trimming deficits and reducing the size and scope of the federal government.
The document also aims to demonstrate to voters that Republicans — who are widely expected to take control of the House in November — are ready with a governing philosophy if those predictions ring true.
The Pledge, Rep. Kevin McCarthy (R-Calif.) said Saturday in the Republicans' weekly radio address, "embodies Americans’ rejection of the notion that we can simply tax, borrow and spend our way to prosperity."
"It offers a new way forward that hasn’t been tried in Washington – an approach focused on cutting spending – which is sadly a new idea for a Congress accustomed to always accelerating it," McCarthy said.
More details here
Obama’s ploy is very simple.
There are more middle class people in the country than any other group. So his scheme to only cut taxes for people making $250,000 a year is meant to appeal to the vast majority of people in the United States.
There’s nothing clever about it. It’s a pure people grab. But, it doesn’t make any economic sense to cure the economy.
Obama thinks $250,000 is the starting line to to being considered rich. But, that’s totally dependent upon where a person lives. Making $250,000 in Mississippi is vastly different than earning it in New York or California, higher cost of living states.
Obama has a degree in political science and I’m not sure if he’s ever taken an economic course in his life.
He doesn’t want to understand that “rich people” are the ones who take the risk and start business. And middle class people, at least those that are about something, want to become rich someday.
That’s not a crime!
But, Obama thinks they need to be taken down a peg because they have too much money. He doesn’t understand when they go down; THE WHOLE COUNTRY goes down too.
What I do know is that he has a hatred for Capitalism and thinks that all rich people should spread their wealth. He’s a stone cold socialist and everyone in the country with a brain that works realizes it now and that’s why he’s sinking like a stone.
This is a very interesting exchange between George Bush Sr. and Ronald Reagan when they were running for the 1980 Republican nomination. Pay close attention to what Reagan says a the very end.
Reagan was the best!
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