Obama Misstate of the Union – Ep. 47
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 23 January 2015
⏱️ 11 minutes
🧾️ Download transcript
Summary
* The President is taking credit for an economic recovery that is a bubble created by the Fed
* Obama voters' salaries are much lower now than when he was elected
* We have fewer full-time jobs during Obama presidency
* Obama is offering freebies to the middle class, promising to tax the "wealthy"
* Getting money that you didn't earn is "fair"
* Higher taxes on earned money is "fair"
* Capitalism built the middle class
* The Government has destroyed the middle class
* Obama actually claimed that he "reduced" the national debt
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Transcript
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| 0:00.0 | Now, I want to talk a little bit about the president's state of the union address from |
| 0:13.8 | Tuesday night. |
| 0:14.8 | You know, there really wasn't much substance in that address at all. |
| 0:18.7 | I mean, to me, it looked like he was speaking to some grade school kids. |
| 0:22.1 | If you look at the vocabulary and the way the speech was delivered, it seems like it |
| 0:27.4 | was really written for, you know, people without, not a lot of education, which is, you |
| 0:33.9 | would think that's kind of ironic because education is such a cornerstone. |
| 0:37.7 | You know, the president wants to make sure that everybody goes to college. |
| 0:41.0 | You know, now he wants to make community college free. |
| 0:44.5 | Yet when they write their speech, I think they do it with the vocabulary level of like, |
| 0:49.1 | maybe a seventh grader. |
| 0:50.1 | I mean, I think that's what it's aimed at because that's really all a college education |
| 0:54.6 | buys you in America now. |
| 0:56.3 | You graduate college and you can read and write at a seventh grade level. |
| 0:59.7 | I mean, and that's the part of the problem. |
| 1:01.7 | I don't understand. |
| 1:02.7 | It's just going to the school, right? |
| 1:04.4 | Having more kids in college, I mean, pretty soon, right? |
| 1:08.0 | The, the government is going to succeed in making a college degree, even less worthless |
| 1:14.1 | than a high school diploma. |
| 1:15.4 | I mean, if Obama had his way, you would need a PhD to be a fry cook, right? |
| 1:20.9 | But what good would it? |
... |
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