Current Yahoo! headine, Obama: Economic fairness ‘frayed’:
President Barack Obama prodded Congress to raise wages and secure the social safety net as he issued an overarching appeal Wednesday to correct inequalities that he said make it harder for a child in the United States to escape poverty. “That should offend all of us,” he declared. “We are a better country than this.”
Obama argued that the dream of upward economic mobility is breaking down and that the growing income gap is a “defining challenge of our time.”
“The basic bargain at the heart of our economy has frayed,” the president said…
This is an example of the Left’s classic tactic, “poison as food, poison as antidote”. First the Left creates/worsens problems with their dysfunctional policies; then they position themselves (or, even more dysfunctional left-wing policies) as the supposed solution.
For any lefties reading this, who need the reminder:
- Raising the minimum wage costs people jobs.
- Big Government denies opportunity to the working poor.
- High government spending hurts the economy and stops new businesses from being formed, as do high regulation and taxes.
- Quantitative Easing (money-printing) bails out (or subsidizes) the One Percent, at the expense of the poor and middle-class.
All policies increased, enabled or advocated by Your Obama.
To be clear, the problems didn’t start with Obama; but he has worsened them.