“I still believe in a place called Hope.”
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It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
I haven't eaten at a McDonald's since I became President.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
Well, first of all, I think that a lot of the voters who are voting for the tea party candidates have really good impulses. That is, they believe that for years and years and years, the people with wealth and power or government power have done well and ordinary people have not. That's true.