Obama’s corporate jet fixation

Published July 1, 2011 4:00am ET



I note that President Obama took on corporate jets five or six times in his press conference. Evidently he wants voters to think that changes in the depreciation schedule for corporate jet aircraft will go a long ways toward cutting the federal budget deficit. I doubt that voters are so naive. “Corporate jets” may get a negative response in some focus groups—I gather that’s why Obama kept returning to the theme—but I doubt that voters generally care much about them one way or the other.

 

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