Bill Clinton throws Obama under the bus on raising TAXES on the wealthy

Discussion in 'Politics' started by oreo, Sep 21, 2011.

  1. oreo
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    oreo Gold Member Supporting Member

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    Bill Clinton: No more taxes now - MJ Lee - POLITICO.com

    This coming from Bill Clinton who reigned over the fastest growing economy of the 20th century has got to be a HUGE blow to Obama's new campaign strategy of wealth redistribution-class warfare campaign rhetoric or raising taxes on 227,000 Americans out of 311 MILLION Americans that make 1 million or over per year.

    Bill Clinton states-NOW IS NOT THE TIME TO RAISE ANYONE'S TAXES. And for good reason--the wealthy in this country are responsible for 37% of the spending in this country. If you raise taxes on this crowd--they won't have it to spread around in the private sector.

    http://blogs.wsj.com/wealth/2010/08/05/us-economy-is-increasingly-tied-to-the-rich/



    $BO economic policies.jpg
     
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    Last edited: Sep 21, 2011
  2. DontBeStupid
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    DontBeStupid Look it up!

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    Huh? Clinton said now is not the time for spending cuts, which Obama doesn't want to do. Clinton also said we should focus on payroll tax cuts, which so far Obama has. They seem to only differ on this one cut.

    How is that throwing anyone under the bus?

    Also ... "the wealthy in this country are responsible for 33% of the spending in this country"

    Link please.
     
  3. ladyliberal
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    ladyliberal Progressive Princess

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    An odd remark by Clinton. I'm sure it's what he believes, and it's certainly a plausible policy position, but it does seem to undercut Obama's position. Other Clinton quotes mentioned in the same article are much more supportive. It's not a total gaffe, but I bet Clinton regrets becoming a Republican talking point.
     
  4. Conservative
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    Conservative Type 40

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    Bubba is trying to set Hillary up for a primary challenge.
     
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  5. oreo
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    oreo Gold Member Supporting Member

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    You'll also note that Clinton STATES--no MORE boost in spending. Basically Clinton is saying leave it alone--and let the private sector fix this.

    And here is your link as to how much the Wealthy contribute to the overall economy just by spending their money. It looks like it's actually over 33%

    http://blogs.wsj.com/wealth/2010/08/05/us-economy-is-increasingly-tied-to-the-rich/
     
    Last edited: Sep 21, 2011
  6. francoHFW
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    francoHFW Platinum Member

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    A. Obama doesn't want tax hikes or spending cuts until after the recovery EITHER. Thanks to Fox and corporate media for screwing THAT up, for contriversy and ratings...
    B."The top 5% of Americans by income account for 37% of all consumer outlays. Outlays include consumer spending, interest payments on installment debt and transfer payments."

    They also have 80% of the wealth, MORON. "The Hoarding Class"
     
  7. oreo
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    oreo Gold Member Supporting Member

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    Cry me a river--you mean those evil rich people didn't give your lazy butt any of THEIR money--

    $wailing.jpg

    Here it is again--

    FACT CHECK from the Associated Press:

    FACT CHECK: Are rich taxed less than secretaries? - Yahoo! News
     
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  8. Kiki Cannoli
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    Kiki Cannoli Have you met my shadow?

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    Bus? No.

    Lovely beach umbrella, maybe.
     
  9. Kuros
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    Kuros BANNED

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    So you'll agree with Clinton two years down the road when he asks for aggressive tax hikes on all Americans, but especially the rich, to make up for lost time?

    Somehow I doubt it.
     
  10. francoHFW
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    francoHFW Platinum Member

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    4%? Aggressive? Are all dupes now hysterical? YES.
     

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