On the campaign trail this past week, President Obama has been doubling-down on his tired class warfare rhetoric, and attacking Mitt Romney for advancing a top-down economic approach.
 

‘‘The country doesn’t succeed when only the folks at the very top are doing well,’’ he said. ‘‘We succeed when the middle class is doing well.’’ 😯

 
Really? Let’s consider for a moment some of those folks at the top like, oh, Thomas Edison, Alexander Graham Bell, Andrew Carnegie, Henry Ford, Walt Disney, Colonel Harland Sanders, Ray Kroc, Steve Jobs, Bill Gates… (how many “Microsoft millionaires” are there again?)
 
Evil, greedy “robber barons?” Or risk-takers? Men who realized success only through determination, persistence, years of hard work, belief in their dreams and maybe a little luck?
 
And when the folks at the top are doing well, what do they do with their profits? Hide them under a mattress? Leave the country? (Only if taxes and other unfavorable government regulations force them to do so) Or do they reinvest, innovate and expand? Do they develop new technologies, build new facilities, hire more people and by extension, create ancillary businesses? Do they donate to charity and other philanthropic causes?
 
Perhaps it’s time to review the great Milton Freidman’s “I, Pencil” – clearly, Obama’s never seen it ~
 

 
‘Top-down’ economics never works!
Except when it does. The middle class can’t succeed if the folks at top aren’t.
 
What clearly doesn’t work are the President’s socialist redistributive policies which thus far have only created equal misery for all.
 
Related:
Romney/Obama “investment” records