Tuesday, September 20, 2011

President Obama...This Is Math, Not Class Warfare.

President Obama on Monday Sept. 19th unveiled his plan for economic growth and deficit reduction in a suave and welcome slapdown of the "Tea O P"
He left his strongest critics gasping for breath as he outlined some of his proposals to address a 4 Trillion dollar reduction of the deficit. He says...
"Either we gut education and medical research, or we’ve got to reform the tax code so that the most profitable corporations have to give up tax loopholes that other companies don’t get. We can’t afford to do both.  

This is not class warfare. It’s math. The money is going to have to come from someplace. And if we’re not willing to ask those who've done extraordinarily well to help America close the deficit and we are trying to reach that same target of $4 trillion, then the logic, the math says everybody else has to do a whole lot more: We’ve got to put the entire burden on the middle class and the poor. We’ve got to scale back on the investments that have always helped our economy grow. We’ve got to settle for second-rate roads and second-rate bridges and second-rate airports, and schools that are crumbling. 
That’s unacceptable to me. That’s unacceptable to the American people. And it will not happen on my watch. I will not support -- I will not support -- any plan that puts all the burden for closing our deficit on ordinary Americans. And I will veto any bill that changes benefits for those who rely on Medicare but does not raise serious revenues by asking the wealthiest Americans or biggest corporations to pay their fair share. We are not going to have a one-sided deal that hurts the folks who are most vulnerable. "

The President has now drawn a line in the sand...one that his supporters are only too happy to see. The past years has eroded some of the President's popularity with the Republicans intent to sabotage the country's economic recovery at every turn and at any cost. We have seen the real class warfare being fought  over the years by the Rich, while their word spinners disguised it as "Tax Cuts for Job makers."  The President quite rightly predicted in his speech that the Republicans will mindlessly fall back on their old worn out rhetoric of chanting "Class Warfare". How predictable the foolish are... as the President said of Speaker Boehner when given an ultimatum of 'my way or the highway' ...that is not smart...and that's not right.

This is an overview of the fact sheet.

This article was written by the Author of the newly released book titled "Shock and Awe on America" which can be bought in print or for Kindle at Amazon.com

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