Michael Steele: “After taxes, a million dollars is not a lot of money”
posted at 8:35 pm on February 5, 2010 by Allahpundit
I’m a tad alarmed that this is not only an AP headline, but that it’s considered newsworthy even in the conservative Boston Herald.
Remember what I was saying earlier about Obama’s gaffes playing into poisonous stereotypes about him or his party? Yeah.
The two often traded jokes, especially when Steele panned President Barack Obama’s long-stated plan to let income tax rates return to higher levels for families making more than $250,000 a year.
“Trust me, after taxes, a million dollars is not a lot of money,” Steele said.
Ford later asked the audience of mostly college students, “Who in here makes a million dollars a year?”
“How many of you want to make a million dollars a year?” Steele quickly responded when no hands were raised.
9.7 percent unemployment, roiling populist sentiment against giant Wall Street bonuses, and he’s scoffing at a cool mil before taxes? Dude?
Blowback
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That reads like you’re making an excuse for failure. Failure should not be looked at as a shameful event, but, a lesson to change behavior.
The difference between success and failure is discipline. Most who fail at their own business have done so because they used their company as their personal bank, didn’t plan, tried to start at the top, or were convinced that they were infallible (pipe dreamers) and refused to change until it was too late to make a difference.
There’s an old saying, “A river that doesn’t bend will overflow its banks.”
kregg on February 6, 2010 at 10:56 AM
That reads like you’re making an excuse for failure. Failure should not be looked upon as a shameful event, but, a lesson to change behavior.
The difference between success and failure is discipline. Most who fail at their own business have done so because they used their company as their personal bank, didn’t plan, tried to start at the top, or were convinced that their ideas were infallible (pipe dreamers) and refused to change until it was too late to make a difference.
There’s an old saying, “A river that doesn’t bend will overflow its banks.”
kregg on February 6, 2010 at 10:58 AM
To me, the saddest part of this entire article is this:
Either, the people not raising their hands are being dishonest and too afraid to admit their desire to achieve… OR they’re being honest and have no desire to achieve and be taxed to death.
IUnknown on February 6, 2010 at 11:28 AM
Does this elitist clown WANT to spark a popular revolt?
A million bucks after taxes? Heck, I wouldn’t know what to do with 100K a year after taxes!
Dark-Star on February 6, 2010 at 11:33 AM
Amateur night at The Apollo.
omnipotent on February 6, 2010 at 12:28 PM
Give it here.
Chris_Balsz on February 6, 2010 at 12:32 PM
Lame brain
should have been transplanted
back to where he came from a year ago!
The longer he stays as the GOP
standard bearer the more voters
are reminded how little difference
there is between the the 2 parties…
“Let’s Roll”
On Watch on February 6, 2010 at 12:36 PM
It would appear that some may have misinterpreted what occurred at the time Steele asked who might want to make a million dollars. The hands were not raised when Ford asked how many made a million dollars, not in response to Steele’s query. It apparently was not reported how many raised their hands when asked who desired to make a million. The result (I would assume overwhelming hand raising) was left out. Whether intentional to confuse/cover up, or unintentional, I don’t know. Actually, Steele put forth a good question and hopefully made people think about what type of policies will allow them to earn such money. I am not a great fan of Steele, but his question was a good one at the time.
keldog on February 6, 2010 at 2:26 PM
Plenty of disciplined people have failed, despite hard work, because of disruptive technologies, competitors with deeper pockets, a lack of strategic or operational nimbleness.
It may be better to be lucky than good, but usually successful people have a combination of both.
dedalus on February 6, 2010 at 4:29 PM
Strategic nimbleness = avoiding competing with a bigger, nimbler, richer outfit with a technological edge.
Chris_Balsz on February 6, 2010 at 4:44 PM
When Oh When is the GOP going to wake up and get rid of this clown???
He is an embarrassment to the party, and conservatives everywhere!
Enough already, get him out of there, and put in someone who has a brain!
Joe Pyne on February 6, 2010 at 7:04 PM
Actually, I’d probably split it 50/50 with a noted conservative webcartoonist…great guy but the poor man really in desperate straits.
Dark-Star on February 7, 2010 at 1:17 PM
The GOP desperately needs a conservative to lead it into the 2010 elections. Steele doesn’t meet that criteria.
TBenton on February 8, 2010 at 8:34 AM
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