Thursday, January 6, 2011

Is Barack Obama Schizophrenic?

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Is Barack Obama Schizophrenic? The reason I ask, is that for three years, Obama has been clamoring to "share the wealth". He wants higher taxes imposed on "the wealthy" - those who earn more than $250,000 a year, even though some of the people in that bracket are actually small businesses who net far less than that each year.

On his first full day of work this year, Obama, in anticipation of bidding press secretary Robert Fibbs adieu, lets slip this gem:

Perhaps it was the long flight back from Hawaii. But President Obama's first full day back on the job suggested a slight case of tone deafness.

In bidding a sort-of farewell to White House spokesman Robert Gibbs, he noted the "relatively modest pay" for which Gibbs has labored.

In fact, he earns $172,200 in a nation where the average family income hovers around $55,000, unemployment is high, record foreclosures persist and wages for most folks are at best stagnant.


So, working for the government, with your office and staff all paid for at government expense, and raking in a guaranteed $172,200 just for yourself, is "modest", but grossing $250,000 before taxes, salaries and expenses is "wealthy"?

Are we to conclude that the difference between "modest" and "wealthy" is about 30%? That doesn't leave much room for the "middle class" now, does it? Especially when the "modest" Gibbs has virtually no overhead and "wealthy" small businesses have crippling loads of it, with no guarantees? What kind of bubble does this guy Obama exist in?

Any wonder his tone deaf approach to small businesses growing the economy has resulted in a massive loss of jobs with little hope for a speedy turnaround?

H/T Memeorandum

Cross posted at LCR, Say Anything.

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