Obama scorched by ordinary Americans

 

"Americans used President Obama’s Feb. 14 “Fireside Hangout” to blast him for his gun-control proposal, his plan to hike the federal minimum wage to $9 an hour and his use of drones to assassinate U.S. citizens."

One questioner asked: " How will the minimum wage affect what I buy, day to day, as companies are having to raise their prices to accommodate the minimum wage?”

[Obama replied], “Corporate profits are at record highs” and an increase will simply “have some modest impact on their profits.”     [WND]

This reply demonstrates Dear Leader's WILLFUL promulgation of his socialist beliefs.  He is not stupid, therefore he knows that small business cost increases are passed through to the customers as price increases.  Small businesses WILL make a profit, or they do not exist.  The equation is really quite simple.  So what DL is saying here is that businesses today make too much profit and more of these "excess" dollars must be shared with employees.    That is outright SOCIALISM in action.... government control of the means of production.    [clipper]