Obama--the grumblings

[tw]

Originally Posted by classicman

Take everything they earn, and it still won't be enough.

Meanwhile, reality: the rich had so many exemptions as to pay equal or less taxes then the average American. Warren Buffet was quite blunt about this years ago when wackos were promoting tax cut myths and lies. Buffet was paying less in taxes than his receptionist. Such facts get lost when partisans promote their political agendas rather than first learn the facts.

Nobody who is honest can criticize Obama. Nobody has facts to justify all this criticism. The 36% ownership of Citigroup may have been necessary because wackos in Citigroup will not do what must happen. Citigroup probably must be broken up and sold off. Therefore no decent Americans lose jobs. Irresponsible top management and stock holders who failed to demand changes all lose.

Is that Obama's intent? Nobody knows which again demonstrates the foolishness of those partisan inspired criticisms. A person dealing in facts does not yet have sufficient facts to justify that hate and so much criticism.

We do know one fact. Tax cuts without spending reductions only create short term economic improvement followed by worse economic downturns. Eliminting those destructive tax cuts are necessary to restore actual productivity (and responsiblity) to the economy.