John Stossel points out the dichotomy between Obama's words and actions
Day in and day out, ABC’s John Stossel is brilliant. Absolutely brilliant. Here’s what he had to say about Obama and taxes:
Apparently President Obama wants America to lower taxes and shrink the regulatory state. After all, during his trip to Africa, he said: “No business wants to invest in a place where the government skims 20 percent off the top”.
But of course the American government skims off much more than 20%. Federal taxes alone are roughly that, and when you add in state and local levies, plus the burden of regulation, government in America eats at least 40% of GDP.
If African governments’ skimming off 20% is a bad thing, why is America’s 40% okay, and why is the President trying to make government bigger?
This is particularly timely since Democrats much-vaunted healthcare plan and is all built around tax increases or surcharges or whatever they’re calling them today.
Love you, John. In the manliest of manly ways, of course.
Source: John Stossel/ABC
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It looks like Jake Tapper and John Stossel are the only ENG reporters that the public can even come close to trusting for analysis of the Obama Administration.
I’m shocked to see anything remotely resembling crtitcism of the Administration from ABC. It is heartening to see a journalist of this stature take a principled stand.
Yes, Sam, ABC has one, count him, one, reasonable person on staff.
JOHN STOSSEL FOR PRESIDENT!!!!!