Monday, October 1, 2012

Class Warfare

Remind me again: which side is winningSomething weird about saying people need rich people to create jobs but then decry labor as all on the government dole. Are they working in the jobs you create or are they welfare queens milking the government system?
"As a group we employ many millions of taxpaying people, pay their salaries, provide them with healthcare coverage, start new companies, found new industries, create new products, fill store shelves at Christmas, and keep the wheels of commerce and progress (and indeed of government, by generating the income whose taxation funds it) moving. To frame the debate as one of rich-and-entitled versus poor-and-dispossessed is to both miss the point and further inflame an already incendiary environment...
The President, in Cooperman’s view, draws political support from those who are dependent on government. Last October, in a question-and-answer session at a Thomson Reuters event, Cooperman said, “Our problem, frankly, is as long as the President remains anti-wealth, anti-business, anti-energy, anti-private-aviation, he will never get the business community behind him. The problem and the complication is the forty or fifty per cent of the country on the dole that support him.”

Read more http://www.newyorker.com/reporting/2012/10/08/121008fa_fact_freeland#ixzz283fmLNwe


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