A little stroll down memory lane will help answer that question…
The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation’s balance sheet. Cloaking himself in the language of class warfare, he calls on a hostile Congress to end wasteful tax breaks for the rich.
“We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share,” he thunders to a crowd in Georgia. Such tax loopholes, he adds, “sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary – and that’s crazy.”
Preacherlike, the president draws the crowd into a call-and-response. “Do you think the millionaire ought to pay more in taxes than the bus driver,” he demands, “or less?”
The crowd, sounding every bit like the protesters from Occupy Wall Street, roars back: “MORE!”
The year was 1985. The president was Ronald Wilson Reagan.
From an article by Tim Dickinson, RollingStone.com, November 9, 2011
Latest posts by Humor Times (see all)
- Free Comic Book: ‘The Best Democracy Money Can Buy’ - October 19, 2016
- Stephen Colbert: Trump May Be Onto Something When He Says the Vote Will Be Rigged - October 18, 2016
- Shocking Poll Results: ‘What’s in the Presidential Candidates’ Closets?’ - October 7, 2016
Like this content? Leave a comment below! Get notified of new content on HumorTimes.com: Subscribe via email!