If we canโt puncture some of the mythology around austerity, politics or tax cuts or the mythology thatโs been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift in interest-rate policy - if we canโt describe that effectively, then weโre doomed to keep on making more and more mistakes.
Barack ObamaFor top executives to award themselves these kinds of compensation packages in the midst of this economic crisis isn't just bad taste, it's bad strategy, and I will not tolerate it as president.
Barack ObamaI applaud the Supreme Courtโs decision to strike down the Defense of Marriage Act. This was discrimination enshrined in law. It treated loving, committed gay and lesbian couples as a separate and lesser class of people. The Supreme Court has righted that wrong, and our country is better off for it. We are a people who declared that we are all created equal - and the love we commit to one another must be equal as well.
Barack Obama