Monday, July 16, 2012

New Fox News piece: Obama needs a history lesson on business and the US

My newest piece starts this way:
According to President Obama, his administration has been pro-business, indeed one of the most pro-business administrations ever. Yet, on Friday, in Roanoke, Virginia, Obama admonished those opposed to higher taxes on business: "If you’ve got a business -- you didn’t build that. Somebody else made that happen."

What a slap in the face to all those Americans who built successful businesses. And Obama wonders why businesses are afraid to invest, when he uses such rhetoric.

Obama, during his presidency, regularly has called Wall Street executives “fat cats,” bondholders “speculators,” and accuses doctors of giving patients unnecessary and harmful surgery.

He has regularly blamed private companies rather than the government for the financial crisis. Indeed, the only blame he gives to the federal government is that there wasn’t enough regulation.

Even for liberal New York City mayor Michael Bloomberg Obama's attacks have at times been too much: “[Obama’s] bashing of Wall Street is something that should worry everybody.” . . .

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