Why are the free cell phones being pinned on Obama? If you look at the history of the program, it has its roots in the Communications Act of 1934 and the Telecommunications Act of 1996. Expenses are covered by monies paid in by telecommunications companies.
So far as I can see, Obama's had next to nothing to do with the program. And it did not start on his watch.
One of the many false talking points of the Obama administration is that a rich man like Warren Buffett should not be paying a lower tax rate than his secretary. But anyone whose earnings come from capital gains usually pays a lower tax rate.
How are capital gains different from ordinary income?
Ordinary income is usually guaranteed. If you work a certain amount of time, you are legally entitled to the pay that you were offered when you took the job. Capital gains involve risk. They are not guaranteed. You can invest your money and lose it all. Moreover, the year...
If I made under$40K per year I would not work under Obama - I would just sit home and collect the Obama bucks. And that's the problem - he disincentivizes hard work.
If I post a video on YouTube claiming you like sex with young children, does that make you a pedophile?
I'm not a lib. I'm not defending the program. I'm just asking what Obama has to do with it. This is something set up years ago by Congress and the FCC.