Obama Calls Republican Economic Policies “Disastrous”
In his Saturday radio address, President Obama took dead aim at Republican policies as “an echo of a disastrous decade we can’t afford to relive.”
“It is grounded in (the) same worn out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself,” Obama said, according to a text of his address.
“That’s not a prescription for a better future. It’s an echo of a disastrous decade we can’t afford to relive.”
Obama also said Republicans are not listening to voters.
“And for all their talk about reining in spending and getting our deficits under control, they want to borrow another $700 billion, and use it to give tax cuts to millionaires and billionaires,” he said. Republicans argue that extending the tax cuts would prevent what would otherwise be a tax hike in the midst of a rough economy.Click here for reuse options!
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