The Top 5 Reasons Why the Left is Whining About Obama’s Debt Speech
4. The President is letting evil Corporations off the hook.
As we’ve pointed out, so-called liberals were very excited to see tax increases on the wealthy. But the true socialist-leaning Left doesn’t just want to raise taxes. They want to see the wealthy and large corporations brought to their knees. The loony Left believes the corporate world is the ultimate evil and must be destroyed. They desperately wanted Obama to drop some shock and awe on big business but instead the devout Left found his plan shockingly awful in ignoring corporate greed.
Former SEIU President (and George Soros’ right hand man) Andy Stern told the Huffington Post that Obama’s budget plan failed to seek “responsibility for our country’s largest corporations to pay their fair share and contribute to deficit reduction.”
Justin Ruben of Moveon.org echoed those sentiments:
We need to go much further to make sure millionaires and corporations pay their fair share, and Wall Street banks help clean up the mess they created. The Congressional Progressive Caucus’ plan does more to reduce the deficit, while protecting the middle class and the most vulnerable, by not letting Wall Street and the super-rich off the hook.
Obama did in fact stay off the subject of corporations. He never brought them up except to say in one sentence that the corporate tax code needs to be reformed. The President even admitted he was merely repeating something he mentioned in his State of the Union speech. He offered zero details but mentioned it hoping to appease the Wall Street haters. It didn’t work, the Left hated his silence on the issue. And the more Obama remains silent on corporations the more the Left whines:
Count on (Obama) to betray his own better instincts by once again following the advice of his treasury secretary and the Wall Street crowd that contributed so lavishly to his first presidential campaign and whose support he seeks once again. – Robert Scheer, Truthdig
Number Three: But the dog is wagging the tail…
