President Barack Obama is finally speaking our forcefully against Wall Street and those with wealth who now control the American government. He charged that the new Republican budget was “social Darwinism” in action. The basic thesis of Social Darwinism is that societies must allow those with wealth to gain as much wealth as they can because the end result is somehow, in some way they will allow some money to trickle down to those at the bottom. This belief was dominant at the latter part of the 19th century.
Obama pointed out that the Ryan proposed budget provides “more than a trillion dollars in tax giveaways for people making more than $250,000 a year. That’s an average of at least $150,000 for every millionaire in this country.” OK, fair enough, Mr. President. But, doesn’t he realize if wealthy people get more money it means new jobs for maids and butlers and nannies?? How about those who build yachts? Is Obama trying to ruin this industry??
Support the Republican party budget and have less money for student loans.