Barack Obama: “The LAST THING We Want to Do Is Raise Taxes During a Recession” (2009

So now he's all for raising Taxes during a Recession and raising the Debt Limit? Why the sudden change of heart? I think he owes the American People a credible explanation for these astounding Flip-Flops. Crazy stuff for sure.


Geithner already outed the real reason: To Prevent Government From Shrinking.

All of Obama's obfuscations are designed to conceal this fact because he knows that the majority of the public wants the government to shrink.

1. o surprise republicans won a midterm election after the previous election was decided by young voters. Look at voter turn out and then tell me the republicans have a "mandate". The concept of a mandate, no matter who uses it, is a totally created concept created to give the illusion that the country wants one ideology, when really its always fairly split.

2. Harsh austerity programs can lead to a cyclical economic downturn. Thats what happened to greece. They got bailed out and cut back the government, so GDP and revenue fell. So they were in the same situation and now need a second bailout and more austerity programs and it wont work again.

Government does provide a source for jobs for a few hundred thousand people, maybe a few million. Those jobs lost are going to decrease buying power. You need to freeze government and make cuts without massive layoffs.

A simplified tax code would also be awesome. Im a liberal, but i could go along with a lower corporate tax rate. Lower rate rate, less exemptions. Id like a revenue increase but i think the simple fact that the tax code is simpler would free up corporate resources.
 
Yes, his Trillion dollar shot in the dark failed so it's time to let they American people bail his ass out.

70% of the stimulus of the last 3 years has BEEN tax cuts. If stimulus isn't working, it's mostly tax cuts that aren't working.


Temporary tax credits and reductions in payroll taxes are not stimulative because they are Temporary. And Obama's Galactically Stupid energy and monetary policies have driven up inflation to the point where the $250 here and $1,000 there are gobbled up on gasoline, heating oil, and food for the typical family. Spending money on inflated prices doesn't do anything to foster real economic growth or productivity.

The rise in inflation has been lower than the rise in GDP which means its not going to cause a real impact on consumer buying power. You keep pointing to inflation but give me one stat the proves obama has caused inflation. he hasnt. Every summer energy prices go up, you cant even pin energy prices on obama.
 
NBER Officially Declares End of Recession


The National Bureau of Economic Research (NBER) declared yesterday that the Great Recession was officially over as of June 2009.



Now you should thank Obama for getting us out of that recession.

Now its time to raise taxes
Just because they declared it doesn't make it so. How's that unemployment rate TDM? You need to get out of your alternate universe.
 
Your brainless posts are receiving the appropriate responses.

I used to almost respect you, until you negged me.

Now, you are on my list as being a rw kook.

Take care. :razz:

Tissue?

You can respect whomever you please. You were spanked for this post -
http://www.usmessageboard.com/polit...-during-a-recession-2009-a-4.html#post3847005
which is utter left-winged-kook bullshit. You want to discuss the tax situation logically, with fact, you'll get some respect. Otherwise, you're just another Socialist moon bat.
 
SNIP.

an August 5, 2009, interview on NBC News, Obama said that:

“The last thing you want to do is raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.”

Here’s Obama talking about how tax hikes would put the economy in a further hole.
YouTube - ‪Obama: "The LAST THING We Want to Do Is Raise Taxes During a Recession"‬‏
But, that was in 2009.
In the current debt and deficit talks Obama is proposing a trillion in new taxes… during a very weak economy.

The Weekly Standard reported:

In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher taxes on businesses and wealthy individuals.

It’s a curious position, given the anemic economic growth and rising unemployment. And it’s even more curious considering that Obama himself has warned about the deleterious effects of raising taxes in a struggling economy.

read it all with comments at.
Barack Obama: “The LAST THING We Want to Do Is Raise Taxes During a Recession” (2009 VIdeo) | The Gateway Pundit

He has wasted every cent he borrowed with nothing to show for it and needs to buy more votes!!
 
SNIP.

an August 5, 2009, interview on NBC News, Obama said that:

“The last thing you want to do is raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.”

Here’s Obama talking about how tax hikes would put the economy in a further hole.
YouTube - ‪Obama: "The LAST THING We Want to Do Is Raise Taxes During a Recession"‬‏
But, that was in 2009.
In the current debt and deficit talks Obama is proposing a trillion in new taxes… during a very weak economy.

The Weekly Standard reported:

In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher taxes on businesses and wealthy individuals.

It’s a curious position, given the anemic economic growth and rising unemployment. And it’s even more curious considering that Obama himself has warned about the deleterious effects of raising taxes in a struggling economy.

read it all with comments at.
Barack Obama: “The LAST THING We Want to Do Is Raise Taxes During a Recession” (2009 VIdeo) | The Gateway Pundit

He has wasted every cent he borrowed with nothing to show for it and needs to buy more votes!!

Are you talking about the stimulus? You mean the thing intended to stop the massive exodus from the work force that bush created? The one that worked perfectly? The one that took us from bleeding 800,000 jobs a month to gaining 200,000 jobs a month in like 6 months...?

O yea....that....
 
SNIP.

an August 5, 2009, interview on NBC News, Obama said that:

“The last thing you want to do is raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.”

Here’s Obama talking about how tax hikes would put the economy in a further hole.
YouTube - ‪Obama: "The LAST THING We Want to Do Is Raise Taxes During a Recession"‬‏
But, that was in 2009.
In the current debt and deficit talks Obama is proposing a trillion in new taxes… during a very weak economy.

The Weekly Standard reported:

In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases be part of any deficit reduction package attached to a vote on the debt ceiling. In the session, Obama rejected a Republican proposal to seek $2.5 trillion in spending cuts and reforms, and insisted on higher taxes on businesses and wealthy individuals.

It’s a curious position, given the anemic economic growth and rising unemployment. And it’s even more curious considering that Obama himself has warned about the deleterious effects of raising taxes in a struggling economy.

read it all with comments at.
Barack Obama: “The LAST THING We Want to Do Is Raise Taxes During a Recession” (2009 VIdeo) | The Gateway Pundit
Just one more lye from the liar in chief.
 
He's the typical Democrat Flip Flopper, whatever agenda the communist puppet masters pick for the puppet on any given day is what he goes with. It's not like he doesn't know what's going on though, he is the smartest human being on earth after all.

You got that right dumbass. And that makes you,..........ahhh, dumbass. LMAO!
You sound proud of the fact that he is a commie? Go live in russia if love communism and get out of my country idiot!!!
 
He's the typical Democrat Flip Flopper, whatever agenda the communist puppet masters pick for the puppet on any given day is what he goes with. It's not like he doesn't know what's going on though, he is the smartest human being on earth after all.

You got that right dumbass. And that makes you,..........ahhh, dumbass. LMAO!
You sound proud of the fact that he is a commie? Go live in russia if love communism and get out of my country idiot!!!

You seem nice.
 
He's the typical Democrat Flip Flopper, whatever agenda the communist puppet masters pick for the puppet on any given day is what he goes with. It's not like he doesn't know what's going on though, he is the smartest human being on earth after all.

You got that right dumbass. And that makes you,..........ahhh, dumbass. LMAO!
You sound proud of the fact that he is a commie? Go live in russia if love communism and get out of my country idiot!!!

commie=abolition of private property.

Your stupid little insults reveal just how little you actually know about the subjects your discussing. Poor little fool.
 

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