To Obama, it doesn’t matter that his economy is unsustainable. He acknowledges this, even in the course of arguing for greater taxes on those he calls the “rich” -- people who make $200,000 or more a year.
Yet he ignores that those filing earnings above $200,000 ($250,000 for joint filers) include more than a million small-business employers who pay their taxes through the individual income tax.
In other words, he is taxing the real engines of prosperity to pay for the programs that keep government humming. Or, more succinctly; he’s robbing private sector Peter to pay public sector Paul.
Well, two can play at that game. If you’re one of the millions of Americans counted as part of the eight percent unemployed, you didn’t get there on your own. Somebody else made that happen. And he’s running for reelection.