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FBN’s Stuart Varney sounds off on the president’s demonization of business but support for Apple and its job creation overseas.
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Two headlines what a contrast.
Apple reports blow -- profits and sales President Obama delivers a campaign speech Koppel is clearly a winner the president doubles down on -- -- -- -- -- -- A little noticed item from the state of the union speech the president says every multinational will pay eight basic minimum tax.
Employed people overseas and you will be punished.
Now look at apple.
-- an incredible performance fifteen million -- 37 million -- -- in twelve weeks more than a billion dollars a week in profits.
But apple employees 700000.
People in China.
43000.
In America will apple now be punished by the Obama team -- looks like it.
That was the message I took away from his speech select unpopular targets for punishment and -- -- -- taxes.
Million that us oil companies China identify isolate demonize.
Does the president really think that this punitive approach will grow the economy tell me exactly how higher taxes will bring back prosperity.
-- -- -- -- What you can show me is the polls which show that the rich the oil companies and China they are unpopular so at -- and win votes.
Last night was the triumph of politics over good policy I would love to know what Steve Jobs thinks about past day.
