Contempt for capitalists
Published 12:00 am Sunday, August 14, 2011
In the shadow of a credit rating downgrade and a mediocre debt agreement, President Barack Obama has yet again shifted “concentration to job creation.”
Despite the rhetoric, the professor’s solutions remain concentrated on social justice. His plans include increasing taxes on the wealthy, over regulating and over taxing businesses, and increasing spending on entitlements and education.
His commitment to social justice seems blinding to the foundation of capitalism: that businesses exist to produce profits. Widgets and employment are byproducts.
His words seem to demand employment, but his actions paint a portrait of contempt for employers.
A picture is worth a thousand words.
Chet Barber
Vicksburg