Sunday, July 28, 2013

When The President misleads the US Economy… In the Shadow of Social Inequality

Obama Says Income Gap Is Fraying U.S. Social Fabric

JACKIE CALMES and MICHAEL D. SHEAR, New York Time, July 27, 2013


In a week when he tried to focus attention on the struggles of the middle class, President Obama said in an interview that he was worried that years of widening income inequality and the lingering effects of the financial crisis had frayed the country’s social fabric and undermined Americans’ belief in opportunity.

If we don’t do anything, then growth will be slower than it should be.

Racial tensions won’t get better; they may get worse, because people will feel as if they’ve got to compete with some other group to get scraps from a shrinking pot

The economy is “far stronger” than four years ago, he said, yet many people who write to him still do not feel secure about their future, even as their current situation recovers.

“I will seize any opportunity I can find to work with Congress to strengthen the middle class, improve their prospects, improve their security

The priority, he said, should be spending for infrastructure, education, clean energy, science, research and other domestic initiatives of the sort he twice campaigned on.

Common Sense Review

How can the American people confidently follow someone with a ideas based in falsehoods, wrapped up in threats. 

This man has the power to let the economy work itself out without any interference from the govt.  Govt doesn’t create opportunity.  It creates regulation that hinders capitalism.  Obama is the down fall of the American capital system.  Yet he threatens that if there is no equal opportunity for the minorities to get jobs when there are no jobs available.  Your legislation of Obamacare and Stimulus is the over taxation of the middle class which closes the door for opportunity for all class and races.


Mr. President get out of the way!

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