This is a bit old, but it’s even more relevant now…
Below are just a few highlights, read the whole thing here.
Telling young people “don’t go into corporate America,” your wife, Michelle, urged them to become social workers or others in “the helping industry,” not “the moneymaking industry.” Given that the moneymakers pay for 100 percent of American jobs, in both public and private sectors, is it not helpful?
You favor eliminating the cap on earnings subject to the 12.4 percent Social Security tax, which now covers only the first $102,000. A Chicago police officer married to a Chicago public-school teacher, each with 20 years on the job, have a household income of $147,501, so you would take another $5,642 from them. Are they undertaxed? Are they rich?
Voting against the confirmation of Chief Justice John Roberts, you said: Deciding “truly difficult cases” should involve “one’s deepest values, one’s core concerns, one’s broader perspectives on how the world works, and the depth and breadth of one’s empathy.” Is that not essentially how Chief Justice Roger Taney decided the Dred Scott case? Should other factors-say, the language of the constitutional or statutory provision at issue-matter?
You say, “The insurance companies, the drug companies, they’re not going to give up their profits easily when it comes to health care.” Why should they? Who will profit from making those industries unprofitable? When pharmaceutical companies have given up their profits, who will fund pharmaceutical innovations, without which there will be much preventable suffering and death? What other industries should “give up their profits”?
ExxonMobil’s 2007 profit of $40.6 billion annoys you. Do you know that its profit, relative to its revenue, was smaller than Microsoft’s and many other corporations’? And that reducing ExxonMobil’s profits will injure people who participate in mu-tual funds, index funds and pension funds that own 52 percent of the company?
You denounce President Bush for arrogance toward other nations. Yet you vow to use a metaphorical “hammer” to force revisions of trade agreements unless certain weaker nations adjust their labor, environmental and other domestic policies to suit you. Can you define cognitive dissonance?