Jul 112011
 

President Obama held his second news conference in two weeks this morning. It was carried by NBC, CBS and ABC. FOX had Wendy Williams. Anyway, here it is if you missed it.

One thing that struck me was when he said in one answer that the average CEO saw a pay increase of 23% last year while the average worker saw a pay increase of zero to one percent. Then, in the very next answer, he stated that this recession has been rough on everyone. Well, not quite everyone, Mr. President. The CEOs seem to be doing quite well. Thankfully the Republicans are working hard to ensure that they don’t have to pay any more taxes.

Transcript following the break.

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