7/11/2011

President Obama’s Press Conference July 11, 2011

obama press conference

 

Pittsburgh, Pennsylvania – July 11 –

There wasn’t any progress toward solving the debt ceiling crisis.

President Obama did take the position that he would consider cuts to entitlements. He also surprised me when he said in effect; all the progressive stuff progressives want are fine, but there is one problem.

The problem is how to pay for them.

I didn’t hear a capitalist, free enterprise, free market speaker. I did hear a spread the wealth around, tax the rich, Democrat, speaker. However, he did say that he would try to convince Democrats to cut entitlement spending. On a different note, he wants Boehner to convince the Republicans in the House to go along with tax increases.