The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation's balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich. "We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share," he thunders to a crowd in Georgia. Such tax loopholes, he adds, "sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary – and that's crazy."Preacherlike, the president draws the crowd into a call-and-response. "Do you think the millionaire ought to pay more in taxes than the bus driver," he demands, "or less?" The crowd, sounding every bit like the protesters from Occupy Wall Street, roars back, "MORE!"
When did Obama say this?
He didn't. It was Ronald Reagan,way back in 1985, before the Repubs got hi-jacked by the 1%. Gotcha. The nay-saying Repubs, who refuse to close loopholes, or end subsidies, or ANYTHING that resembles a tax increase for the rich, ALSO deify Reagan, who raised taxes "11 times in eight years!" See any problem there?
Read more, @
http://www.rollingstone.com/politics/news/how-the-gop-became-the-party-of-the-rich-20111109#ixzz1dEfl082W
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