Wednesday, April 13, 2011
Quote of the Day
"Worst of all, this is a vision that says even though America can't afford to invest in education or clean energy; even though we can't afford to maintain or commitment to Medicare and Medicaid, we can somehow afford more than $1 trillion in new tax breaks for the wealthy. Think about it. In the last decade, the average income of the bottom 90% of all working Americans actually declined. Meanwhile, the top 1% saw their income rise by an average of more than a quarter of a million dollars each. And that's who needs to pay less taxes? They want to give people like me a two hundred thousand dollar tax cut that's paid for by asking thirty three seniors to each pay six thousand dollars more in health costs? That's not right, and it's not going to happen as long as I'm President." -- President Obama today, in a strong rejection of the Rethuglican vision of an America based on rule by the wealthy. Now the fight has been joined. Full transcript here.