Tuesday, January 24, 2012

Obama SOTU Address 'Rejects' Class Warfare in Call for Millionaires to Pay Their Fair Share of Taxes

I personally love the pomp and circumstance of the State of the Union address. It's fascinating to see nearly the entire U.S. government in attendance at the House of Representatives. Of course it's a lot more fun to watch when you're cheering your own team, so I'm especially looking forward to next year's speech. As for this year's, frankly, by the time Barack Hussein got around to his economic proposals I was thoroughly bored --- I'd say peeved but I'm way past the point of being irked at this man's fake calls for national unity. He's a bloviating partisan hack in over his head who's proposing more of the same, only this time in a desperate appeal to restore "fairness" to the economy. "President Occupy" goes to Washington, no doubt.

Here's the news, at the Los Angeles Times, "Obama delivers a confrontational State of the Union address," and at Wall Street Journal, "Obama Makes Populist Pitch: President Uses State of the Union to Outline Economic Programs, Kick Off Campaign."

Plus, at The Atlantic, "In a Politically Charged Speech, Obama Says He's No Class Warrior."


Not a "class warrior."

Check Bloomberg for more on that, "Obama Calls for Higher Taxes on Wealthy to Make Code ‘Fair’":

President Barack Obama called for the nation’s wealthy to pay more in taxes as part of a bargain to restore fairness to the U.S. economy and rein in the deficit, in a State of the Union address that hit the populist themes he’ll be repeating in his campaign for a second term.

Invoking a tax idea named for billionaire Warren Buffett, Obama said the law should make sure million-dollar earners pay at least 30 percent in taxes.

“We can either settle for a country where a shrinking number of people do really well, while a growing number of Americans barely get by,” Obama said in the text of his nationally televised address before a joint session of Congress. “Or we can restore an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules.”

He also called for incentives for companies to return jobs to the U.S., development of domestic natural gas reserves and alternative energy sources, and providing American workers with better training.

Changes to the tax code would require approval by Congress, and Obama is unlikely to get major legislative initiatives enacted before the November election, which will also decide control of the House and the Senate. He’ll be constrained on spending by efforts to contain the national debt. Last year’s deficit of $1.3 trillion was third-highest as a share of the economy since 1945.
Obama's a damned freak.

He gave a combative partisan speech all the while appealing to the "stitches" of our national unity. F-king Democrat "civility" bull. November can't come soon enough.


Reliapundit said...

“We can either settle for a country where a shrinking number of people do really well, while a growing number of Americans barely get by,” Obama said in the text ...