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Live Video: President Obama's Budget Address

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Mad Prophet Ludwig4/13/2011 11:26:44 am PDT

re: #128 barflytom


Actually, let’s take this apart…

“…spending a trillion dollars on tax cuts for millionaires and billionaires.”

Yes money needs to come from somewhere. Those people were given tremendous tax breaks - more than the rest of America in order to stimulate the economy. It didn’t work. They now get to like the rest of us - and in particular, the oil and coal companies should have their protected tax status reviewed the most.


So letting someone keep some of their own money is “spending” ?

If it was gained through the exploitation of an unfair system that can only be bought into, how is it really theirs?

Contrast that with his use of the term “investing” which he was spouting about a few weeks ago - investment in this definition meaning “giving generous pay and benefits to unionized public employees”.

The unions built the middle class of America by preventing greedy bastards at the top from choking the golden goose. But investing really means, tech development and infrastructure.

Care to comment?