Rush Limbaugh's Morning Update: Soaring!

Rush Limbaugh: Folks, I hope I get through this without throwing up. Many of America's top CEOs belong to the Business Roundtable. This week, Obama showed up there with a speech on competitiveness. He said we should get past the "old debates and crippling divides between right and left, business and labor, private enterprise and the public sector."

"Rather than hurling accusations about big government liberals or mean-spirited conservatives," he said, we must answer tough questions. "Getting this balance right has less to do with big government or small government than it does smart government. It's not about being anti-business or pro-government; it's about being pro-growth and pro-jobs."

Ah, I did it. Now the truth. Obama and his liberal Democrat Party have launched an unprecedented attack on American businesses. Democrat health care, energy, and environmental policies assume that businesses have unlimited treasuries to be endlessly taxed. Obama's financial policies assume that big businesses are corrupt, greedy, and immoral; his mission is to punish them.

Contrary to what he claims, this is all about being "anti-business and pro-government." Liberals are growing a bigger government every second of every day while they destroy as much of the private sector as they can. Obama and the Democrats have not advanced a single pro-growth or pro-jobs policy; it is they who are dividing this nation. This is all about the right and the left, folks, with business fending off big government and big labor.

Mr. Obama: soaring speeches don't create jobs, or make us more competitive. In fact, your slash-and-burn policies do just the opposite. Smart government? Yours... ain't it.

Read the Background Material on the Morning Update...
• FOXNews: President Obama's Speech to Business Roundtable