Presidential candidate Tim Pawlenty sent a withering rebuke to President Obama Tuesday in a speech that trumpeted tax cuts and decreased regulation as ways to spur economic growth.

Delivering his first major policy speech since declaring his candidacy, the former Minnesota governor set an ambitious goal of sustaining five percent annual economic growth. He said he would seek through cuts to the corporate tax rate from 35 percent to 15 percent while slicing the individual income tax rate and eliminating the capital gains, interest income, dividends and estate taxes.

Pawlenty also posited that any service turned up by a Google search is better handled by the private sector than by the federal government, noting that agencies like Amtrak and the U.S. Postal Service were all built for a time in our country when the private sector did not adequately provide those products. That's no longer the case.

On the same day that a Washington Post/ABC poll shows Obama suffering from a severe deficit in voter confidence, Pawlenty had no scruples in attacking his potential general election rival.

President Obama is a champion practitioner of class warfare, Pawlenty said. He's spent three years dividing our nation, and fanning the flames of class envy and resentment all across the country to deflect attention from his own failures and the economic hardship they have visited on America.

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