This recession has also compounded the burdens that America's families have been dealing with for decades - the burden of working harder and longer for less; of being unable to save enough to retire or help kids with college.
One of the reasons that we cannot save is because of the taxes that are imposed. There is no such thing as taxes being paid for by a company.
Only people pay taxes. All taxes are passed along to end users.
So I know the anxieties that are out there right now. They're not new. These struggles are the reason I ran for President. These struggles are what I've witnessed for years in places like Elkhart, Indiana; Galesburg, Illinois. I hear about them in the letters that I read each night. The toughest to read are those written by children - asking why they have to move from their home, asking when their mom or dad will be able to go back to work.
Back to letters from kids. He must read thousands of these things . . . or at least ha what we are led to believe. I could just see Obama up there reading letters from the local waifs.
For these Americans and so many others, change has not come fast enough. Some are frustrated; some are angry. They don't understand why it seems like bad behavior on Wall Street is rewarded, but hard work on Main Street isn't; or why Washington has been unable or unwilling to solve any of our problems. They're tired of the partisanship and the shouting and the pettiness. They know we can't afford it. Not now.
Now this is a funny one. We do not need the change. In historical terms every recession has ended by now. The recession should have ended in July. Yet it is only growing deeper.
Actually only good behavior is rewarded on Wall Street.
In the real workd foods that burn fat are rewaded and poor ones like on WS are fired and not used.
In Congress, bad behavior is rewarded. Just ask Barney Frank; have rules that require banks have to loan o people who cannot pay it back.
This is where it is bad.
Thursday, January 28, 2010
State of Union: The Parsing, Pt 3
Part One of the State of the Union Text is here
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