Thursday, April 14, 2011

Obama's speech: "dishonest even by modern political standards"

According to an article in the Wall Street Journal:
According to Internal Revenue Service data, the entire taxable income of everyone earning over $100,000 in 2008 was about $1.582 trillion. Even if all these Americans—most of whom are far from wealthy—were taxed at 100%, it wouldn't cover Mr. Obama's deficit for this year.
Please take time to read the entire article.

1 comment:

professor ed said...

The three weakest Presidents, in terms of leadership, in US history were/are:
James Buchanan
Jimmy Carter
Brack H. Obama
I'm not sure Obama is "dishonest" as much as he is completely inept and incompetent. Never mind "teachable moments", it seem every moment in his presidency has been, and is, a learnable moment. I hope/pray that in 2012 this country elects a LEADER.