Obama & Trickle Down Economics

Fred Garvin's picture

Quote from Tuesday night's debate:

Obama: "Well, Oliver, first, let me tell you what's in the rescue package for you. Right now, the credit markets are frozen up and what that means, as a practical matter, is that small businesses and some large businesses just can't get loans. If they can't get a loan, that means that they can't make payroll. If they can't make payroll, then they may end up having to shut their doors and lay people off.And if you imagine just one company trying to deal with that, now imagine a million companies all across the country. So it could end up having an adverse effect on everybody, and that's why we had to take action. But we shouldn't have been there in the first place."

This statement proves that Obama believes in and understands how trickle-down economics works. He is just too power-hungry and is trying to say that he wants to grow the economy from the ground up.

It won't work, and he knows it. But he also knows that the average American isn't smart enough to figure this out for themselves, so he promotes class warfare and promotes socialism in order to buy votes to gain power. Just like a true ACORN affiliate, Barack believes "It's a power thing"

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