Lou Dobbs was on The O'Reilly Factor on Friday night for a discussion on Obama's speech to the Chamber of Commerce. In particular the discussion centered on a comment Obama made about businesses sharing their wealth with their employees.
Below is a synopsis via O'Reilly's website.
"While speaking to the Chamber of Commerce this week, President Obama urged business leaders to share their profits with American workers. The Factor asked Fox Business anchor Lou Dobbs to critique the President's speech. "He's again talking like a statist," Dobbs complained. "I don't know what he's trying to do, because in his interview with you he denied that he's a redistributionist. Now you hear him hectoring and lecturing business leaders, suggesting that they divide the national income in a certain way. The President really conveys his lack of understanding about the economy."
O'Reilly responded " "I'm worried about the folks who are working hard and not making much money while some CEOs are taking out $20-million or $30-million a year. And some of these boards of directors are corrupt, they make Mubarak look honest."
Bill O'Reilly: The O'Reilly Factor Flash - Friday, February 11, 2011
Now Lou Dobbs wrote a book in 2006 titled; War on the Middle Class
In the book, Dobbs wrote the following;
"But what about the employees who make it all possible? While the corporate profits increased in the last year, real wages have actually declined. While productivity is skyrocketing, the share of national income going to workers has fallen to the lowest level in forty years. At the same time, corporate America is cutting benefits and pensions. If this is Adam Smith's invisible hand at work, it's balled up in a fist and striking the solar plexus of the middle class. And outsourcing is playing a part in the decline of both pay and opportunity for American labor" (Page 110).
It seems Dobbs forgot all about his year long on-the-air campaign he had during his CNN days with his daily shows segment called,,,,"War on the Middle Class". During those segments he would constantly bring up the fact that workers were losing out to the economy in the form of flat wages and shrinking benefits despite record productivity! The guy was on this basically every show for a year straight! He made a lot money on his book
which harped on the same thing.
Now Dobbs has moved to Fox News and he has totally changed his tune. He went from a almost leader of a cause to becoming an antagonist to those beliefs that drove him to write a book about the subject.
Below is a synopsis via O'Reilly's website.
"While speaking to the Chamber of Commerce this week, President Obama urged business leaders to share their profits with American workers. The Factor asked Fox Business anchor Lou Dobbs to critique the President's speech. "He's again talking like a statist," Dobbs complained. "I don't know what he's trying to do, because in his interview with you he denied that he's a redistributionist. Now you hear him hectoring and lecturing business leaders, suggesting that they divide the national income in a certain way. The President really conveys his lack of understanding about the economy."
O'Reilly responded " "I'm worried about the folks who are working hard and not making much money while some CEOs are taking out $20-million or $30-million a year. And some of these boards of directors are corrupt, they make Mubarak look honest."
Bill O'Reilly: The O'Reilly Factor Flash - Friday, February 11, 2011
Now Lou Dobbs wrote a book in 2006 titled; War on the Middle Class
In the book, Dobbs wrote the following;
"But what about the employees who make it all possible? While the corporate profits increased in the last year, real wages have actually declined. While productivity is skyrocketing, the share of national income going to workers has fallen to the lowest level in forty years. At the same time, corporate America is cutting benefits and pensions. If this is Adam Smith's invisible hand at work, it's balled up in a fist and striking the solar plexus of the middle class. And outsourcing is playing a part in the decline of both pay and opportunity for American labor" (Page 110).
It seems Dobbs forgot all about his year long on-the-air campaign he had during his CNN days with his daily shows segment called,,,,"War on the Middle Class". During those segments he would constantly bring up the fact that workers were losing out to the economy in the form of flat wages and shrinking benefits despite record productivity! The guy was on this basically every show for a year straight! He made a lot money on his book
which harped on the same thing.
Now Dobbs has moved to Fox News and he has totally changed his tune. He went from a almost leader of a cause to becoming an antagonist to those beliefs that drove him to write a book about the subject.
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