This blog is for members of John Bentley's AM1111 group #1. Please remember to post before our meetings
Tuesday, 16 November 2010
I chose this clip because it demonstrates how members of the tea party are misinformed about taxes with 64% believing that they pay more taxes under Barack Obama where as actually 95% pay less. It shows Obama's reaction and also a follow up from the ever anti Obama FOX news.
In the hour-long town hall the president made another strong push for ending the Bush tax cuts for Americans making more than $250,000 a year and he adroitly resisted the assertion by one hedge fund manager that Wall Street was being "whacked like a pinata" by noting first that Main Street had been hammered much harder than Wall Street, and second that most people outside of Wall Street felt that he has been too soft on the financial sector. He sounded rueful -- how is it possible to be simultaneously anti-business and in Wall Street's pocket?
When one questioner asked him, what, practically, he had achieved to make her family's life better, he responded with a string of accomplishments: better access to student loans, restrictions on abusive credit card company practices, health insurance for people with preexisting conditions. When Harwood asked him to respond to the Tea Party's concern about "out-of-control" spending, he was particularly strong.
"The problem that I've seen in the debate that's been taking place and in some of these Tea Party events is, I think they're misidentifying sort of who the culprits are here," said Obama. "As I said before, we had to take some emergency steps last year. But the majority of economists will tell you that the emergency steps we take are not the problem long-term. The problems long-term are the problems that I talked about earlier. We had two tax cuts that weren't paid for, two wars that weren't paid for. We've got a population that's getting older. We're all demanding services, but our taxes have actually substantially gone down."
The tea party are focusing all their attentions on whether Obama should be allowed to be president (where was he born etc) that he is a socialist etc etc, but they are failing to realise that he took over control of America after George W Bush had borrowed $1.03 Trillion which was more than all the previous presidents put togther. If they want someone to blame then maybe they should look closer to home.
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