After taking questions from executives from companies like Boeing, AT&T and Xerox – during which he called the failure to reauthorize the Export-Import Bank a “self-inflicted wound” – Obama circled back one more time to hit Republicans on the Hill. “In the echo chamber that is presidential politics, everything is dark and everything is awful”.
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The American people are fed up with Wall Street and the right wing can’t ignore it. The 99 percent are furious about paying higher tax rates than the billionaires.
Trump, as part of his slogan to “Make America Great Again”, has repeatedly said that America does not “win anymore”, citing bad deals and a less engaged role in the world. He famous, with out naming them, that some Republican presidential candidates, primarily Donald Trump and Jeb Bush, have voiced help for growing taxes on carried curiosity. He said it’s doing better than those countries who have embraced spending cuts to climb their way out of tough economic times and that “perennial gloom and doom” descriptions are perpetuated by the presidential campaign that will determine his successor.
White House spokesman Josh Earnest later said Obama was “intentionally non-specific” in the comments and said the USA government is “hopeful” that it will not need to use sanctions or other measures against China for cyber attacks on US commercial targets.
Republican leaders are hoping the House floor abortion debates would ease some of the pressure from conservatives to link the funding bill with the explosive abortion fight. “I’m just going to go on a quick rant here for a second”, Obama told the business executives.
“They don’t seem to offer many solutions”, Obama continued. Obama and his advisers have argued that Republicans are threatening to shut down the government over spending disputes, threatening what is otherwise an economic recovery gaining momentum.
“I’m confident that the president won’t watch the debate tonight”, he said.
“If we shut the tax loophole, we might double the variety of staff in America’s job-coaching packages, we might assist one other 4 million extra college students afford school”, Obama stated. “The notion that we’d play chicken with an $18 trillion economy and global markets that already skittish because of an issue around a women’s health provider…that’s not good policy-making”.
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“I’m being generous when I say we”, he added lightly, likely referring to Republicans. “Nobody outside the United States understands what we’re talking about”, Obama said.
