Obama's Bad Deal With the Chamber of Commerce - Robert Reich

[BridgeTheGap]

"e can, and we must, work together," the President told the US Chamber of Commerce today. "Whatever differences we may have, I know that all of us share a deep, abiding belief in this country, a belief in our people, a belief in the principles that have made America's economy the envy of the world."

Really? I've been watching (and occasionally trying to deal with) the Chamber for years, and all I know is it has a deep, abiding belief in cutting taxes on the wealthy, eroding regulations that constrain Wall Street, cutting back on rules that promote worker health and safety, getting rid of the minimum wage, repealing the new healthcare law, fighting unions, cutting back Medicare and Social Security, reducing or eliminating corporate taxes, and, in general, taking the nation back to the days before the New Deal.

So what, exactly, is the deal Obama is pitching to the Chamber?

He said his administration will "help lay the foundation for you to grow and innovate," by eliminating "barriers that make it harder for you to compete - from the tax code to the regulatory system," and by completing more trade deals.

http://www.readersupportednews.org/opinion2/279-82/4892-obamas-bad-deal-with-the-chamber-of-commerce

[sasha031]

1. if only the president would have Mr Reich as his adviser

[Hello_Kitty]

2. It's not that hard to figure out

And yet few in the DC Bubble seem to grasp these basic facts. There are, sadly, many acolytes of Trickle Down Economagic here on DU as well.

[xchrom]

3. +1