The Economist on Obama

http://www.futureofcapitalism.com/2012/04/the-economist-on-obama-1

The Economist magazine writes:

America is in dire need of the sort of comity Mr Obama promised in 2008. We are not red states and blue states, he said then, we are the United States. What a pity that he is changing tack this time, bashing the rich via gimmicks such as the "Buffett rule" (which is supposed to make millionaires like Mr Romney pay at least the same tax rate as their secretaries) and galvanising his base by brushing aside even the sensible part of the Republican argument that something radical must be done to curb entitlement spending. He may feel he has no choice. But it is a miserable portent for the future.

by Editor  |  Apr 12, 2012 at 11:43 am Related Topics:  Politics, President Obama receive the latest by email: subscribe to the free futureofcapitalism.com mailing list