>> The point (which I don't think you disagree with) is the colossal oversimplification on the part of the president.
Reminds me of Milo in Catch 22: "everybody gets a share." That wasn't just a simplification, in the end it was a lie- but people forgave him and ate his Egyptian cotton.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
