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When you're in elected office, you always have to operate under the assumption that you're in a dog fight for re-election. It's when you don't prepare for a tough battle, when you're caught flat-footed, that you're vulnerable.
Insisting that we must tax and take and demonize those who have already achieved the American Dream. That may turn out to be a good re-election strategy for President Obama, but is a demoralizing message for America.
The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term.
I've been around long enough to not take seriously statements like I am about to be crushed. I'm about how do we seek re-election of the Australian government, how we prevent Tony Abbott from being elected. The bottom line is that it should be all hands to the pump rather than saying other, frankly negative and internally divisive things.