“Shared sacrifice”: Obama’s demagoguery

posted by
July 31, 2011
Future of Freedom Foundation
by Sheldon Richman  
Posted in Commentary

"The most offensive claim made during the debt-ceiling controversy is that there’s a moral equivalence between cutting government spending and raising taxes. President Obama asks for 'shared sacrifice' to reduce the budget deficit. In his view, if the government spends more than it takes in -- it currently borrows more than 40 cents of every dollar spent -- the 'balanced' approach is to 'cut' spending and raise taxes." (07/29/11)



Our Sponsors