The Hill News

The president's speech Monday night was typical of his entire presidency; he demonstrated a complete lack of understanding of fundamental economics and leadership.

Once again he implicated President Bush as the cause of all our economic problems. Once again he demonized the rich without acknowledging the fact that the leader of his own party, Harry Reid, put forth a plan that includes no increase in taxes on anyone. This is because Reid recognizes that the additional revenues that would be generated by increasing taxes on the rich wouldn't come close to solving the problem.

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