Government 'giveaway'?

IBD:
Still smarting from his "you didn't build that" comment, President Obama opened another window into his far-left thinking. According to his world view, Americans keeping more of what's theirs is a "giveaway."

Speaking last Wednesday in New Orleans at a campaign event, Obama talked about "another trillion-dollar giveaway for millionaires" in reference to an extension of the Bush-era tax cuts.

A day later, White House spokesman Jay Carney did the same thing. He called the extension "another $1 trillion giveaway to the wealthiest Americans."

What they are talking about is the House Republicans' opposition to legislation approved in the Senate that would raise taxes on those earning more than $250,000 a year, a sum less than the president makes yet is somehow considered to be the mark of wealth.

As a president who has done a good job of insulating himself from anyone who would challenge him, Obama wasn't asked to explain his statement.

But Carney was.

ABC's Jake Tapper wanted to know what he would "say to a small-business owner who says that's not a giveaway, that's my money, and by the way, I'm going to need some of that money in order to help pay the health care of individuals that I'm now mandated to do?"

Tapper further said, "It's not giving anything away; it's allowing me to keep my money."
... 
It is just more evidence that Obama does not understand business.  He does not understand the business decisions that are made to expand or contract employment and he does not understand how his mandate makes a business less profitable and therefore more likely to get smaller.  Obama is oblivious to the destruction he has caused in the job market.  He does not get how the added cost effects jobs and he does not get how higher taxes also destroys jobs.

BTW, Tapper is one of the best reporters in Washington.  He is probably too good for ABC.

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