Sheldon Richman on Obama’s remark about business

In his weekly Freeman column, Sheldon Richman analyzes Obama’s famous remark and calls it what it is: demagoguery.

Exactly. People have been scurrying around to defend Obama by claiming that he was “taken out of context.” The context was that Obama was giving a pandery campaign talk in front of a group of his zealots, virtually all of whom, I would wager, feed at the public trough and think that people in business who make more than they do don’t really deserve it. Obama was pandering to their envy.

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