Whatever you think President Obama said to the Congressional Black Caucus last weekend, don't believe it until you see it in context.
When people...press, pundits, political opponents...take words out of context, how is that not lying?
And yet both of these characterizations can be found to be true. Wealthy & middle-class citizens over-spending and tying themselves to every penny of a paycheck, underwater in a mortgage and indebted up to their eyeballs. The working poor doing enough to stay under the gov't threshold and continue to get assistance, while buying new cars, digital cable packages and the latest kicks.
THE PRESIDENT: Mr. Speaker, Mr. Vice President, members of Congress, and fellow Americans:
Tonight we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that’s made things worse.
This past week, reporters have been asking, “What will this speech mean for the President? What will it mean for Congress? How will it affect their polls, and the next election?”
But the millions of Americans who are watching right now, they don’t care about politics. They have real-life concerns. Many have spent months looking for work. Others are doing their best just to scrape by -- giving up nights out with the family to save on gas or make the mortgage; postponing retirement to send a kid to college.
These men and women grew up with faith in an America where hard work and responsibility paid off. They believed in a country where everyone gets a fair shake and does their fair share -- where if you stepped up, did your job, and were loyal to your company, that loyalty would be rewarded with a decent salary and good benefits; maybe a raise once in a while. If you did the right thing, you could make it. Anybody could make it in America.