There is some question about whether or not she actually make the statement, but to this day it's used to show a disconnect between the rich and poor. Or to describe a leader who is completey out of touch with the needs of his people...
The video shows Barack Obama's version of "Let them eat cake"
That's right, if you can't afford four or five dollar gas you need to go buy a Forty or Fifty Thousand dollar Hybred Obamamobile and 800.00 a month car payments. To top it off, he thinks it's funny...
He has a point... According to this article "The Car from Atlas Shrugged Motors" by Patrick J. Michaels
In other words, GM was desperate for customers for what they perceived would be an unpopular vehicle before one even hit the road. It had hoped to lure more if buyers subtracted the $7,500 from the $41,000 sticker price. Instead, as Consumer Reports found out, the car was very pricey. The version they tested cost $43,700 plus a $5,000 dealer markup ("Don't worry," I can hear the salesperson saying, "you'll get more than that back in your tax credit!"), or a whopping $48,700 minus the credit.In other words in the winter, with the heater running, or worse yet in the summer time, in rush hour, with the heater going, the batteries wouldn't get most people home from work...
This is one reason that Volt sales are anemic: 326 in December, 321 in January, and 281 in February. GM announced a production run of 100,000 in the first two years. Who is going to buy all these cars?
Another reason they aren't exactly flying off the lots is because, well, they have some problems. In a telling attempt to preserve battery power, the heater is exceedingly weak. Consumer Reports averaged a paltry 25 miles of electric-only running, in part because it was testing in cold Connecticut. (My engineer at the Auto Show said cold weather would have little effect.)
Read the entire article
Yeah, I guess there's a reason the President was laughing..
