President Obama calls Steve Jobs' success an example of American wealth
During a speech yesterday, President Obama cited Apple's very own Steve Jobs' success as an example of someone who Americans should expect to be rich. He used Jobs as an example to show others the possibilities of business in our modern times. President Obama answered a reporters question prior to making his comments about Jobs.
What is...a fact is that people in the top 1 percent, people in the top one-tenth of 1 percent, or one-hundredth of 1 percent have a larger share of income and wealth than any time since the 1920s. Those are just facts. That's not a feeling on the part of Democrats. Those are facts.
Those comments then rolled right into the President's comments about the middle class and the American dream, including Steve Jobs and Apple.
And something that's always been the greatest strength of America is a thriving, booming middle class, where everybody has got a shot at the American dream. And that should be our goal. That should be what we're focused on. How are we creating opportunity for everybody? So that we celebrate wealth. We celebrate somebody like a Steve Jobs, who has created two or three different revolutionary products. We expect that person to be rich, and that's a good thing. We want that incentive. That's part of the free market.
We knew President Obama met with Steve Jobs but apparently he has taken quite the liking to Apple's CEO. Would you agree with the President in saying that Jobs' success is an incentive for others? Do you think Steve Jobs lives up to these praises given by the President?
[ CNet ]