Hussein does NOT think like an American.
WTF?? Where does it say in The Constitution that his job is to 'reduce inequality'?
“Investments in education, laws establishing collective bargaining and a minimum wage — (applause) — these all contributed to rising standards of living for massive numbers of Americans.”
This is BS. Federal investments in education have undermined quality education in the USA, not helped it. Education at the local level without federal intrusion used to be the bedrock of a strong society.
Collective bargaining may have, once upon a time, helped workers to improve their lives and those of their families, but that time has long passed. Corruption in the labor movement, and collusion between labor and politicians, has completely killed the labor movement as the nature of ‘work’ in the USA has changed, and foreign competition has put USA workers against workers around the world.
Lastly, a minimum wage has been a disaster for low skilled and youth workers, and has done nothing for raising the living standards for the lower or middle classes. It has also reduced the jobs available for entry level workers.
As usual, Obama spews liberal ideology without any knowledge of the veracity of his claims!
Yes folks, he really IS that stupid.
No wonder he hid his (undoubtedly awful) academic records.
Probably believes in glow-bull warming too.
They’ve been quoted many times on FR, but Churchill’s words on the subject bear repeating:
The inherent vice of capitalism is the unequal
sharing of blessings; the inherent virtue of
socialism is the equal sharing of miseries.
Sadly, Obama is a doctrinaire leftist, thus incapable of acknowledging the truth of Churchill’s words.
Obama is proposing The United States of America become like Venezuela.
He’s right - the North Korean government has done a great job in equalizing income...
Poverty before “The Great Society” was 17%. After 50 years and trillions of dollars we have reduced poverty to 17%.
Does that include “inequality” to white folk too?
Government can make a difference:
1) Reinstate Glass Steagall to break the power of the big banks and reduce speculation leading to financial collapses. End “too big to fail” policy. Let the failures go through bankruptcy court and their shareholders and bondholders take a bath.
2) End the failed experiment with one sided free trade. Reinstate tariffs of at least 30% on imported goods.
3) Enforce immigration laws.
4) Reduce the regulatory burden.
aside from banning obvious abuses, government has little proper role in the marketplace
especially govt has almost no role in taking over the free marketplace and subjugating American citizens to an economic dictatorship