At the Poverty Summit at Georgetown University, President Obama seems to admit he knows no actual poor people, knows no one who has trouble paying their bills, but knows they got there because rich people took their money away.
Or he assumes no rich people like him do.
The Summit, which was moderated, by E.J. Dionne, the far left Washington Post columnist, also featured American Enterprise Institute economist Arthur Brooks who’s written several books on the subject of poverty, wealth and ethics. See his response to the President below.
In this illuminating discourse by President Obama in the first video, he appears to believe there’s never before been ‘segregation’ by class and poverty level–except for black people. He seems to believe this is a new thing in the last “40 years”, though it appears he forgets about Jewish and Irish ghettos in America’s past or even old timey songs about living “on the wrong side of town” or “on the wrong side of the tracks.”
The President, ascribing the differences between the wealthy and poor to policies of the past “40 years”, also seems to forget that roughly corresponds to America beginning to wage a ‘War on Poverty’ by LBJ.
In fact, according to the Heritage Foundation there have more than $22 trillion dollars in income transfers spent to “solve” the problem of poverty since that war began. As Jesus told us in Mark 14:7 (and other places), “The poor will always be among you” so the likelihood of spending our way out of it is slim.
After you watch the President blame conservatives and rich people for impoverishing people, and Fox News for demonizing them, then watch as Arthur Brooks, economist and scholar at the American Enterprise Institute, gently puncture every one of the President’s talking points.
Arthur Brooks explains how the President has a few things wrong.