In ObamaLand, up is down, left is right, and evil is good. In that last regard, Obama pretty much sounds like this:
Lower taxes keep more money in the private sector that actually produces goods and services. Higher taxes take money out of said private sector and diminished the capacity of production. The private sector makes, the public sector takes. Reagan knew this and cut taxes dramatically especially for the demonized rich and not only did he set the economy up to gain 20 million jobs, but revenue to the government actually increased. Obama doesn't get the simple concept and insists that having money remain is the private sector somehow kills jobs:
For that absurdly idiotic notion, Obama wins the Billy Madison Idiocy Award: