President Barack Obama on Tuesday invoked conservative icon Ronald Reagan to rebut Republican claims his plans to raise taxes on the rich smacked of class warfare.
In a campaign event in Texas, Obama referred to a speech that former president Reagan gave about tax reform in Atlanta in 1985.
“Twenty-six years ago, another president said some of these tax loopholes, and I quote: ‘made it possible for millionaires to pay nothing while a bus driver was paying 10 percent of his salary and that is crazy, it’s time we stopped it.’”
“You know the name of that president? Ronald Reagan,” Obama said.
“Was that class warfare? I know people have short memories, but I don’t remember Republicans accusing Ronald Reagan of being a socialist or engaging in class warfare because he thought everybody should do their fair share.”
That's because today, Reagan couldn't get elected court jester by the TeaGOP. I personally think the Republicans have sorely underestimated the anger at them right now. President Obama has been going around the country talking about jobs, jobs, jobs. Occupy Wall Street is making headlines. And Republicans?
They say they will do literally nothing to help Americans right now. Nothing. "The bill is dead" they say, and the American economy is slipping into another recession. We can't afford to tax the rich any more or they'll not create jobs. I have news for you, they're not creating jobs now, and the rich can afford to give millions to Karl Rove to beat President Obama next year.
Once again, time to Tweet For Jobs. Let the GOP know we can take their jobs away from them.