Dirty bureaucrats, Dirty Politicians, Economy, Government corruption, Government spending, Government War on Individual Constitutional Rights, Government Waste, Govt Intervention, Govt Regulation, Govt War on Constitution, Govt's War on America, obama, Obama doctrine, Obama lies, Obama's legacy, Power Grab, Progressivism, Propaganda, socialism, Stimulus Plan
A true socialist speaks. This arrogant socialist bastard thinks that he is our pimp. Our money is his money. Lowering taxes and allowing Americans to keep more of their money would do more for the economy than any of Obama’s failings. It isn’t concern about the economy and jobs that is fueling Obama’s agenda, it’s control, greed power, and tyranny.
Once again, I’d like to thank the indoctrinated and clueless moonbats who voted for this ugly, vile person. Barack Obama is an inspiration to s***heads everywhere.
“(Reuters) – President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.
On a campaign trip to Ohio less than two months before November 2 congressional elections, Obama admitted his economic policies had not worked as quickly as hoped, but said his party and proposals were still better placed to boost the U.S. economy.
Obama’s comments, laced with political rhetoric, came amid a growing verbal battle with Republicans over tax cuts for wealthy Americans enacted under former President George W. Bush and set to expire at the end of this year.
John Boehner, the Republican leader in the House of Representatives, called for a two-year freeze on current U.S. tax rates and proposed the government cut spending for next year to 2008 levels, before the controversial federal bailouts and Obama’s $814 billion stimulus plan.
Obama rejected that call but said his administration was ready to extend tax cuts for families making less than $250,000 a year.
‘For any income over this amount, the tax rates would go back to what they were under President Clinton. This isn’t to punish folks who are better off — God bless them — it is because we can’t afford the $700 billion price tag,’ he said.
Republicans blame Obama for inflating the deficit, forecast at a record $1.47 trillion in 2010, or 10 percent of GDP, with bloated stimulus spending they say failed to deliver jobs….”
Taxes under Bill Clinton were horrendous. I remember when his tax increases went into effect. It literally cut my paychecks in half.