Obama declares, “Nobody wants a handout” while proposing more handouts

Barack Obama

In a recent speech to employees of green energy companies, Obama proclaimed “Nobody wants to get something for nothing.” I thought this was very interesting because we currently live in a period where most people want “something for nothing”. Between bankers, car manufacturers, homeowners and students, everyone is looking for some form of handout to compensate for their own bad decisions. According to CNS News:

“Obama was visiting TPI Composites, a company that manufactures blades for windmills, to pitch the fourth item on the five-item ‘To-Do’ list of legislative actions he says he would like Congress to take this year. This particular item is: ‘Create Jobs By Investing In Affordable Clean Energy’”

“’Nobody wants a handout.  Nobody wants to get something for nothing,’ Obama said. ‘But if we’ve got a chance to create energy and create value and put people back to work, why wouldn’t we do that?’

‘So I’m here today because, as much progress as we’ve made, that progress is in jeopardy,’ said Obama. ‘If Congress doesn’t act, those tax credits that I mentioned–the ones that helped build up the wind industry, the ones that helped to bring all these jobs to Newton, those tax credits will expire at the end of the year if Congress doesn’t do anything.  If Congress doesn’t act, companies like this one will take a hit.’

In the same speech, the president noted that he disagrees with those in Congress who want to cut government to pay for tax cuts for the wealthy.

And there are some big disagreements,’ Obama said. ‘They want to make big cuts to pay for more big tax cuts for the wealthy. I disagree with that.’

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