A Quote by Rob Portman
The Obama economy is great for rich people. It's terrible for everybody else.
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What drags down our entire economy is when there's an ever-widening chasm between the ultra-rich and everybody else.
I've never seen people as physically distraught as the Bush administration team was because of what was happening to the economy. I personally believe that the steps that President Obama took saved the economy. He doesn't get the credit he deserves for taking some very hard positions. But it was a terrible recession. So now we've dug ourselves out of it, we're standing, but we're not yet running.
The trickle-down experiment that began in the Reagan years failed America's middle class. Sure, the rich are doing great. Giant corporations are doing great. Lobbyists are doing great. But we need an economy where everyone else who works hard gets a shot at doing great!
President Obama is the kind of politician who puts promises on the record, and then calls that the record. But we are four years into this presidency. The issue is not the economy as Barack Obama inherited it, not the economy as he envisions it, but this economy as we are living it.
Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
The rich are the most discriminated-against minority in the world. Openly or covertly, everybody hates the rich because, openly or covertly, everybody envies the rich. Me, I love the rich. Somebody has to love them. Sure, a lot o’ rich people are assholes, but believe me, a lot o’ poor people are assholes, too, and an asshole with money can at least pay for his own drinks.
It is a terrible thing, this kindess that human beings do not lose. Terrible, because when we are finally naked in the dark and cold, it is all we have. We who are so rich, so full of strength, we end up with that small change. We have nothing else to give.
After all these years, it's still amazing what Obama is allowed to get away with. He says low gas prices in 2009 were caused by a terrible economy, but then claims that the lower number of illegal aliens crossing the border is because of his border policies, not the same lousy economy.
Obviously no one wants to give members of Congress a lot of money, because they barely do anything, and many of them are terrible, but a Congress that is made up of rich-but-not-super-rich people is going to be more corruptible than a Congress of really rich people.
The rich did well under Obama's policies; it was the working class that got creamed. This was because the economy just wouldn't grow as it usually does.
The egos in this industry are incredibly vulnerable and everybody's afraid to wipe out. So everybody plays it safe and everybody tells everybody else how great they are.
We all either work for rich people or we sell stuff to rich people, so just punishing rich people is as bad for the economy as punishing anyone. Let's not punish anyone.
I'm a Republican, but if I had my choice of running or having Obama - or somebody, but Obama, even Barack Obama - be a great president, the greatest president ever, I'd be so happy for the country. He doesn't have the capability to be a great president, and the world is laughing. We're like a joke. As a country, we're becoming like a joke. Everybody is ripping us off.
President Obama, I voted for him. I think he's a mature politician, but here's what happened. Obama wanted a green economy. He spent billions of dollars of tax money to create a green economy and it didn't happen. The question is why.
No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt.
Cory Booker became a millionaire because this is how the economy works for people of his class: Rich people give other rich people money to do nothing, simply because they 'deserve' it.
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