Obama is the most ill-equipped man ever to hold the office of the president. He’s plays golf two or three times a week, goes on vacation every 4 minutes (using the biggest corporate jet in the world), but still finds time to bash the rich in a shameless smokescreen to cover up his job killing policies.
Playing the class warfare game is nothing new. It’s what Democrats do because their whole existence depends on taking wealth from the “haves” and redistributing it to the “have-nots”. It’s a losing proposition that fosters more votes from drones than it promotes economic growth.
Just punish the successful and give it to the public sector unions.
The Hill
President Obama used his weekly address to reiterate his demand for ending tax breaks for "millionaires and billionaires" in any budget deal to raise the nation's debt limit.
"It would be nice if we could keep every tax break, but we can’t afford them," Obama said. "Because if we choose to keep those tax breaks for millionaires and billionaires, or for hedge fund managers and corporate jet owners, or for oil and gas companies pulling in huge profits without our help – then we’ll have to make even deeper cuts somewhere else."
The president said that students, medical researchers and seniors would pay the price if those tax breaks were not taken away.
"That isn’t right, and it isn’t smart," he said. "We’ve got to cut the deficit, but we can do that while making investments in education, research, and technology that actually create jobs."
Obama did try to sound a positive note about the increasingly terse negotiations between Republicans and Democrats to raise the nation's debt ceiling and reduce the defect.
More here
Memeorandum
