- Barack Obama yesterday, while watching the US Open golf tournament on a big screen TV in his bus...
The full quote is: "Globalization and technology and automation all weaken the position of workers," [Obama] said, and a strong government hand is needed to assure that wealth is distributed more equitably.
This sort of zero-sum, class-warfare, big government populism has been tried before in this country and in Western Europe... it drains growth and creativity and hurts everyone. The fact that he attacked technology and automation while watching a satelite and big screen TV while traveling is just additionally ridiculous, but I agree with the commenter that the "strong government hand" business is the most disturbing.
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2 comments:
Take a look at your quote again -- everything from "a strong government hand" to the end is outside the quotation marks. That means those are the WSJ writer's words, not Senator Obama's.
I'm no fan of Obama, but I am a fan of accuracy in reporting. See also the Snopes page on this quote. Go Sarah!
How about those CEO's that took bonus's in 2008 and the begining of this year be forced by our goverment to return all moneies from all companies and etc. as seed money for our needed jobs, projects and Pres. Obamas many efforts to get our lives back on track. I'm fairly certain all make above $250,000.
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