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Obama Misstate of the Union – Ep. 47

The Peter Schiff Show

  • The President is taking credit for an economic recovery that is a bubble created by the Fed
  • Obama voters’ salaries are much lower now than when he was elected
  • We have fewer full-time jobs during Obama presidency
  • Obama is offering freebies to the middle class, promising to tax the “wealthy”
  • Getting money that you didn’t earn is “fair”
  • Higher taxes on earned money is “fair”
  • Capitalism built the middle class
  • The Government has destroyed the middle class
  • Obama actually claimed that he “reduced” the national debt