Video: President Obama promises ‘massive job killing taxes’ if re-elected
From today’s presser on the debt ceiling debate. Check out how the prez frames the debate over taxes.
“So, when you hear folks saying ‘Well, the president shouldn’t want massive job killing tax increases when the economy is this weak.’ Nobody’s looking to raise taxes right now. We’re talking about potentially 2013 and the out years.” (emphasis added)
Re-elect me to get massive job killing tax hikes when I’m a lame duck and you can’t do a thing about it. That right there is a sure-fire winner of a message. If you want to morph into Walter Mondale circa 1984.
More: This clip is being circulated by Team Romney. Nice catch on their part. And this is one of many clips that should form part of any candidate’s attack on Obama from now on.
Bryan, you’re a smart guy—what is this guy thinking? Or smoking? Or doing? Has he lost all semblance of
sanity? Does he think he’s in a play? This is a real country, in a real mess. Why does he behave this way? Is there such a thing as psychiatric impeachment? Could he be removed from office on the grounds that he’s certifiably around the bend?
Ya got me. I report this stuff but I won’t pretend to have crawled into the man’s head. Between this and his accidental admission that he doesn’t like the military the other day, it’s as if he’s developed a kind of political Tourettes problem.
On the contrary, I don’t think it’s a gaffe on his part. I see it as basically thumbing his nose at the American public: “I have enough guaranteed votes (from various “minority” groups, the dead, other kinds of vote fraud, etc.) that I _will_ be re-elected, and you _will_ have to take it whether you like it or not!”
Rex – even if you are right, there is still Congress between him and his program, so I don’t think your rationale is correct.
Congress? Half of them obediently do Obama’s bidding, the other half make noises about how wrong his ideas are but then end up going along with them anyway for the sake of “bipartisanship.” No, Congress is at best a speed bump towards Obama’s plans.
MIKES, I think Rex J is right. You seem to put a faith in Congress who, to date, have proven over and over again, that they don’t care in the least about “Main Street” Americans, only wanting to return to what made this country “exceptional.”
The Republicans continue to prove themselves impotent, due to the luxury they accord themselves of only having to choose which battles to fight. A collective Congress that would want to see the USA remain as an icon of personal freedom, would have at the very least begun their own investigaton into the legitimacy of Obama’s citizenship.
The present stalemate over the spending cuts suits Obama just fine. He would like to see that first occasion where the USA is refused additional loans. Given that, the next item on the agenda would be to raise the interest rate on the US debt. If that were to occur, the image of the US would be that of the scene from The Titanic, when the stern of the ship finally slips beneath the surface of the water.
How effectively can Congress act on our behalves, when BO’s agenda is to render Congress irrelevant?
He left out the part about the roaring growth economy that was supposed to be going by 2013.
Which makes sense, because at this point every time the guy opens his mouth he chases another two dozen small manufacturing firms out of business.
It reminds me of that lousy 1970s movie where Bob Newhart starred as the President. “First Family”
The Treasury Department is being run by Underpants Gnomes.
Now you’re just being mean.
If it was being run by underpants gnomes, it would work MUCH better and more logically. ;o)
Even the underpants gnomes had “Step 1″ and “Step 3″ figured out. Not these guys, though.
Its worse than just this. Obama has painted himself into quite the corner when he says that there must be tax increases in any bill. The republicans just need to pass a bill that just includes the lesser cuts and hand it off and dare the President to refuse to sign on the debt increase. If he refuses, he then owns the issue in a way that is not favorable – ie: he is holding up the debt increase in order to raise taxes. It looked as though Republicans would own not raising the debt ceiling which was worrisome in many respects, but in one fell swoop the administration owns it. Not sure who is advising the president, but this is just incredible orders of foolishness.
Alex….heres the problem with the folks all caught up in the populist rhetoric. Ask your self or just listen to the GOP/TeaParty politicians and see what their solutions for economic growth and jobs is. Then consider this.
1. Historic low individual taxes.
2. Historic low interest rates.
We’re going on 10 years of these variables being in place. While all the populist rhetoric around high corporate and business taxes is going on, the fact is that those high tax rates are ‘significantly’ offset by a myriad of tax deductable allowances. In good national economic years, folks are complaining about how little corporations and big busness pays in taxes.
That said, there is good justification for discussions around a good boat full of regulatory bills on the books. However, Those bills have little to do with consumption demand and economic growth across all the nations goods and services sectors. They have more to do with how business in many industrial sectors operate as stewards of the earth they occupy. They do NOT have any controlling interest in supply and demand in spite of any increased operating costs incurred by those regulations. In terms of Rail, air, utilities, etc., the regulatory effects are stablization of prices to the consumer market.
So I ask, what is really the GOP/TeaParty strategy for kick starting the economy and decreasing unemployment that is or has not already been substantially in place for 10 years?
On the other side of the coin dealing with spending and debt. Its pretty simple! Our nation no longer has a sustainable private sector economy that can support the nations population and government revenue demands. With ever cut in federal programs comes consequences first, of which, will be further and substantial decreases in jobs and family incomes in the private sector and public sectors. This snowballs into yet more decreased revenue income to the government operating demands and debt obligations. Significant negative ‘liabilities’ are unescapable For nearly 80 years we’ve systemically become a socialized nation and everything between government and the private sector is now firmly connected.
Even though the tax rates haven’t risen you’re missing two items that were added to the mix after Obama was elected president;
1. The uncertainty of what the increased tax rates for both individuals and businesses would be; and
2. The uncertainty of what unfunded mandates would be required of businesses.
These items just compounded the recession because the majority of businesses have sat on the sideline with their cash waiting until the current power structure no longer existed.
In addition, individual tax rate increases do not guarantee increased revenue to the federal government. In fact the highest revenue the government collected occurred after the tax cuts in 2002, which were accompanied by a somewhat stable regulatory system.
With all due respect you listen to much to politicians and political pundits rhetoric.
2009 – current….reduced federal tax withholdings for those at &%K and below.
With all due respect you list to much to politicians and political pundits.
2009…reduced federal tax withholdings for workers making $75K or less.
An expansion of the child tax credit.
About 29 million middle class families retained the Alternative Minimum Tax.
First-time homebuyers qualified for an $8,000 tax credit.
Cash for clunkers allowed folks to deduct all state and local sales taxes paid on the purchase from their federal income tax.
Homeowners who installed certified energy-efficient windows, furnaces and air conditioners can qualified for a tax credit tax credit equal to 30 percent of their costs, up to a total of $1,500.
College students or their parents can qualified for a tax credit of up to $2,500 for tuition and related expenses.
Small businesses allowed a delay of the 3% withholding tax on payments to businesses that sell goods or services to governments, and a cut in the capital gains tax cut for investors in small businesses who hold stock for more than five years.
Did you see any tax increases anywhere in those items? What bills since 2009 have been passed increasing taxes? Tax uncertainty is a bogus premise except for the boogyman pundits and political rhetoric.
It appears the government didn’t get to fat from the Bush tax cuts seeing where we are today, with the same tax rates and same economic collapse. And so you don’t make a huge gaff, remember the economy collapsed on the President Bush watch and most all the crazy spending came in some manner of stopping the bleeding however poorly it turned out by both administrations.
Something just struck me… von Clasewitz once said “War is the continuation of policy by other means” – This economy is the election of 2012 by other means. ‘The body’ of our country is utterly rejecting Obama’s ‘medicine’ of coming “job-killing tax hikes” before it gets into the bloodstream. We cannot wait for 2012 – there may not be much of the US left so as a whole, the country, the economy, the people need to eject this guy right now. The nation’s ipecac for the Obama presidency.
Dave Ramsey for Treasury Secretary!
I know it’s silly to even type this, but isn’t this the kind of gaffe the press should eat up? How is it news that people disagree on the historical accuracy of Palin’s Paul Revere quote but they’ll likely let this slide?
This is all well and good but I suggest we should never underestimate the media’s ability to ignore or bury unfortunate statements. Tonight’s lead across cable and network news will likely portray the president as the only adult in the room.
This is only compounded if the republican party nominates someone who will not hammer the president at every opportunity during the campaign.
What is he up to? With statements like this, I believe Obama knows that he won’t be reelected in 2012. In fact, it seems as if he is trying to make himself unelectable. But why? What personal or political strategy would be served by Obama not winning (or not running in) the 2012 election?
The thing about Obama is that he will tell you exactly what he doesn’t want … a 30/60/90 debt increase … which is exactly why the GOP should hand him a 180 day increase and force him to either sign it or own the failure to increase the ceiling …
The MSM seems to be the enemy. Without them zero would not have been elected. Without the scrutiny that the press is suppose to use in getting at the truth the progressives will own the truth. It is time to break the backs of the MSM, whatever it takes. Boycotts of sponsers, cancellation of news paper nad magazine subscriptions, absolute carnage of their economies.
He let future plans slip out there, he gets a 2nd term and its good bye country. The man is inept and dangerous, this thing he’s put together with GunWalker proves he’s capable of anything; he’s not to be trusted and never should have been.
Dude is a menace to society.
Party politics and politicians don’t get real problems fixed!
Nit pic the speech and Q&A’s all you want but there was one central theme that all folks regardless of poltical leanings should have paid attention to. The President said he is aboard to help create a meaningful and long term solution to the nations most unsustainable problems….in lieu of short term fixes or any political party’s rhetoric. In other words he threw the ball into the courts of the dems and the GOP/TeaParty folks and said let get the rubber to the road!
The populist rhetoric over the debt cap issues is a dead horse. The cap will be raised just as it has automatically more than 150 times since 1917…by a reasoning of NO CHOICE!
Now its time to see who puts what sacred cows up on the chopping block going into the 2012 election. The President…at least for today, has put the bluff of both parties and the American people on the table.
1. 1700+ government subsidies to the private sector.
2. Social Security, Medicare & Medicaid.
3. Government regulations.
4. Tax reform.
5. Education assistance and grants.
Now, lets see whose going to sacrifice whose sacred cows beyond all the rhetoric. Keep this in mind as you point to any sacred cows. EVERY sacred cow equates to jobs, family income and the ‘national’ economy and welfare. Folks have no problems systemically socializing the nation now, lets see if the have the metal to suffer the consequences of reversing a socialized nation. The President turned on the grenn light to start reversing it today!
You evidently bought his line, though he pushed his own budget proposal as the “compromise” solution and then, going by his own words (which you call a nit pick), promised tax hikes once he’s re-elected.
Like I said Bryan, folks are free to hear only what they want and reason as they wish. The fact is, for at least today, he said he’s aboard with both the democrats and GOP/TeaParty folks to put the rubber to the road.
Politics and governance is like oil and water. Lets see who takes off their political hats and who don’t after todays presidential messages.
The people and both their political parties got our nation in this mess over politics now lets see who is willing to govern independently on behalf of the nations welfare and who is not. Likewise, for the people of the nation who support and speak all their tough political rhetoric. Lets see whose sacred cows they want sacrificed while protecting their own.
If even lower taxes and fewer government regulations was really the solution to fixing the economy and employment issues we would not have this economic mess. For ten years we’ve had historic low tax rates and historic low interest rates. Government regulations, while they may be a pain in the butt and add to the cost of doing business in some sectors, they have NO controlling interest over supply and consumption demand. While corporate tax rates may seem high, they are significantly offset by deductable allowances thus, folks complaining in better years of corporations paying to little taxes. But of course politicians ‘political’ rhetoric surely won’t takes these few factual variables into account.
For 50 years theres been two forms of social welfare. One from the government sector and the other from corporations and business sectors. Everybody understands the government sectors welfare but few consider the private sectors welfare. The private sector has systemically, for 60 years, increased and ‘bloated’ their labor numbers and liabilities. Now we can see that reduced labor numbers can efficiently and sufficiently supply market demands at a profit with far less employees. Next comes all the employer paid and subidized benefits of their bloated labor roles. As a side note, take a look at all the private sectors retirement and health care benefits programs that have had to be taken over by the government.
The ‘base’ problems are simply in that we no longer have the dometic economy to support our population and government demands and won’t have for a very long time in this non level, non competitive and global recessionary marketplace.
The GOP/TeaParty folks have no more legitimate soultions than does the democrats until, they get honest with themselves and the American people what the real root problems are and the consequences of ANY real meaningful and significant fixes. We have spent decades and a few trillion dollars industrializing and globalizing major parts of the world and now the consequences are coming home to roost.
Lower taxes, less government regulations? Really?
T. T. Thomas wrote this:
“Government regulations, while they may be a pain in the butt and add to the cost of doing business in some sectors, they have NO controlling interest over supply and consumption demand.”
You honestly believe this comment?
Try to find a toilet that doesn’t have to comply to Government regulations.
I recently replaced a ceiling light and was told that new Government regulations limited the light output to 180 watts.
Regulations on backyard gardens, regulations banning incondescent light bulbs, and regulations upon regulation.
Your comment about regulations not having a “controlling interest over supply and consumption demand.” is simply being ignorant to what regulations actually do.
My goodness! How ignorant I am! I didn’t realize folks have stopped buying toilets due to government regulations. And yes, I do live in the stone age as I’ve never even thought of buying lighting beyond 100 watts for my home ceiling lights. Durn silly government lighting regulations!
Sofar, I’ve not had any government folks with regulations in hand snooping in my garden. Now, if I was to get my hands on some 2-4-D they might rightfully have something to say. Thanks for bringing me up to speed and letting me know Americans don’t have much in the way of consumer goods or services to spend their money on these days because of government regulations and thats why the economy and job loss is in the tank.
T. T. Thomas:
Your comment was this:
“Government regulations, while they may be a pain in the butt and add to the cost of doing business in some sectors, they have NO controlling interest over supply and consumption demand.”
So I assume you take your comment back on “NO controlling interest over supply and consumption demand”?
Government regulations CONTROLL just about everything we purchase.
But the Government still allows certain goods to be produced, so I guess that means we have a “free market”?
When I point out that items ARE regulated, and that goods are NOT allowed to be sold unless they adhere to Government regulations, you suggest that because we can still buy toilets, they are not regulated. By regulating toilets our Government IS controlling and does affect our ability to purchase goods we WANT.
This is just one example. The Government controls nearly everything we buy.
For you to suggest otherwise is ignorance on your part.
T. T. Thomas wrote:
“And yes, I do live in the stone age as I’ve never even thought of buying lighting beyond 100 watts for my home ceiling lights.”
It wouldn’t matter how many 100 watt light bulbs you put in your ceiling light. If it is a four light system, the lights dim after a couple seconds to only allow 180 watts illumination.
T. T. continues:
“Thanks for bringing me up to speed and letting me know Americans don’t have much in the way of consumer goods or services to spend their money on these days because of government regulations and thats why the economy and job loss is in the tank.”
You live and learn T. T. You are welcome. Just don’t make comments that aren’t accurate, and I won’t have to correct you.
After he’s safely re-elected, he’ll impose crushing taxes.
I wouldn’t buy a compact fluorescent lamp from him, much less America’s economic policy.
He gives politicians a bad (worse?) name.
Pretty funny in a sick kind of way how American’s rather enjoyed the benefits of the cost of government until it ran out of money. Last I checked, the Constitution says that the government is the people. Did the people go to sleep or were they to busy enjoying all the benefits brought their way from the government spending?
Since you brought up the subject of taxes! Here again, I could certainly be dated and out of touch, but the last time I checked the constitution, it only authorized the congress to levy and collect taxes or borrow to pay the nations bills and debt incurred. Now, it seems logical that if one were to reduce those two options to a common denominator, taxes pays the bills and debt of the nation.
If you think by some miracle that private sector economic growth (TAX revenues) is going to pay for the governments current liabilities much less ongoing unavoidable liabilities well……good luck! If you think for a moment that slashing government spending in whatever forms, is going to pay the governments liabilities….good luck!
For 2012 the ‘discretionary’ budget is about one-third of total federal spending; appromimately $1.24 trillion. The non dicretionary budget of course is about two thirds; approximately $2.44 trillion. These numbers do not account for any underfunded or emergency funding needs of any types that may come up. And of course we’re still looking a the new phased in health care act assuming it doesn’t get repealed soon. Now add in the current national debt of ovber $14 trillions dollars with interest rising by the nano second…..the reduced and insufficient tax and miscellaneous revenues….the shift of millions of Americans to the Medicaid roles….approximately 18% of America’s labor eligible unemployed with more and more coming, in addition to including the winding down of two war fronts….a military whose equipment is worn out… with ever signficant slash of government spending comes even more unemployment…..and on down the list. The government is a huge consumer of goods and services from the private sector…..JOBS and economy.
Theres NO simplistic solutions to ‘reversing’ a socialized nation of people and its economy. Lets see who wants to sacrifice whom if anybody is serious about putting the rubber to the road.
What “job-killing taxes?”
The rich have enjoyed huge tax cuts for ten years and haven’t created many jobs. Not only that, they’ve made even more money by sending American jobs overseas. Boehner and his cronies only fight to help the rich get richer and don’t give a damn about the rest of us. They’ve convinced the brainless Tea Partiers that someday this money will “trickle down” to the lower classes. It didn’t happen during the Reagan years, and it isn’t happening now.
Budget cuts won’t affect the rich one bit. They don’t rely on Social Security, Medicare, or Medicaid. As for raising the debt ceiling, the current GOP leadership didn’t hesitate to vote in favor of this SEVEN times while Bush was in office.
Ever get a job from a poor man?
By the way, the Federal Government’s share of the economy is the highest it’s ever been. You – like President – confuse tax rates with tax collected. Raise taxe rates, you are likely to see lower total collections, but a higher proportion collected from a smaller economy.
But that’s what you really want, right?
If you take off your political party hat for a moment you may be able to see the other side of the discussion.
For a decade now we’ve had historical low tax rates and collected taxes. Look at where the economy and unemployment are today and where to government is in paying its liabilities….while still maintaining those historical low tax rates…and interest rates. Then consider nearly 40% of income producing American’s ‘legally’ pay little or NO tax revfenues to the government. On the corporate and business side. Their “high tax rates’ are signficantly offset by deductable allowances which nobody ever speaks to and remember across party lines in better times folks are complaining that corporations and big business don’t pay taxes. Without a government backed though unsustainable housing ‘bubble’ economy President Bush would have been slammed with this very economic disaster.
The GOP/TeaParty ‘tax mantra’ is irrelevant! We’re a part of a global economy and the U.S. can no longer compete with those nations we’ve spent decades and trillions of dollars industrializing. When folks get honest and start addressing this problem making the GOP/TeaParty ‘tax stragegy’ is disingenuous…maybe we can get heading in the right direct of discourse and some kind of resolve. Right now we simply don’t have an economy to support the population and the government…taxes or NO taxes.
Can someone explain why the debt cap increase is necessary? If I overspend and find that 10 per cent of my budget is needed to pay interest on my credit cards, it just means that I have 10 per cent less to spend on other things that I want. It doesn’t automatically mean that I “default”. Why is the US government situation different?
Spending can be restructured so the interest on the debt (which is already absolutely positively egregious and shouldn’t get any higher than it is) can be paid first and the United States doesn’t default.
Just as you would re-order your priorities if your credit card spending had gone over the top.
You said basically what I said. So why are US politicians trying to make it sound like it is total economic devastation rather than something that will require hard choices? Much of what I have read suggests that not raising the debt ceiling is synonymous with default.
I meant to just confirm what you said, the parallel you drew between a government and an individual.
So why are US politicians trying to make it sound like it is total economic devastation
Politics. A President’s spending agenda versus the majority wishes of the population at large to rein it in, to spend within our means and balance the federal budget.
Much of what I have read suggests that not raising the debt ceiling is synonymous with default.
Propaganda. The new IMF head has now chimed in, urging the United States to raise (again) the debt ceiling. It was raised 8 times under Clinton, 7 times under Bush , or close to those figures. Obama as a Senator in 2007 voted against raising the debt ceiling. He did it simply to oppose Bush, but, for once in his life, he did the right thing, albeit for the wrong reasons.
Lets assume we cut government spending by $4 trillion dollars over the next decade. Whats the current per annum interest on the $14.3(7) trillion debt? Currently the debts equals approximately 95% of GDP including Government Account securities. And… we haven’t even thrown the new health care act into the mix if it doesn’t get repealed in full….or any unforeseen disasters or security and military threats….or the additional borrowing for at least the next 16 months to sustain the governments needs……oh, and that nasty thing called inflation.
Now, consider $5-700 billion interest per year within the next five years or less as predicted. But, back to the assumed $4 trillion slash in spending as being floated. At best, it ‘may’ offset sum of the interest due at this moment in time using the Peter pay Paul principal and interest rates on the debt don’t increase.
Folks need to get past this ‘government debt’ thing and realize it is they the people who own over two thirds of the national debt. They had better come to an understanding that the government banks with a bank just like we commoners, only the governments bank is the Federal Reserve. Foreign lenders only lend right now because they have the ‘traditiona’l belief that America will always be the supermarket of the world driving their own economies and…. that belief may not stand much longer.
Jobs recovery that can [sustain] a true 5% or less unemployment and an economy that can [sustain] growth somewhere above 5% and tax reforms are the most critical components to the problems. Folks need to also understand when considering slashing government spending in the name of economics and recovery, that a few million private and public sector jobs are directly or indirectly tied to government spending. Neither poltical party and their followings have any meaningful solutions beyond rhetoric. Lower taxes is a solution? Individual income taxes are at their lowest since 1950 and approximately 50% of folks pay little or no taxes. Let me again repeat, that when the economy is good folks across the board complain that corporate and businesses don’t pay enough taxes. Taxes and government regulations are NOT the root problems being faced today!
Obama has had several Mondale Moments from his disastrous press conferences & town halls advocating raising taxes amid stagflation. Obama’s arrogance & narcissism is so bad that Obama believes he’s invincible for the 2012 elections. His arrogance & narcissism will be his undoing.
Why could some people see that we were electing Chance the Gardner 3 years ago and others are only now getting a clue?
I thought about Chance the Gardner today, what with Obama chastising Republicans for not doing their homework (after all, his daughters get their homework done early !) and just today telling us we have to eat our peas.
I think he means swallow his insanity by eat our peas.
Mondale also said in the same speech, “We are living on borrowed money and borrowed time. These deficits hike interest rates, clobber exports, stunt investment, kill jobs, undermine growth, cheat our kids and shrink our future.”
But today there is no one – and I mean no one – in the Democrat party who has the guts or even the basic conviction to say what Walter Mondale said then.
More background here.
Just a note from the Democrat past:
May 1939, Treasury Secretary Henry Morgenthau testified:
“We are spending more money than we have ever spent before, and it does not work. … I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this administration we have just as much unemployment as when we started … and an enormous debt, to boot.”
“If you drink much from a bottle marked ‘poison’ it is certain to disagree with you sooner or later. ”
Lewis Carroll
“We’re talking about potentially 2013 and the out years.”
If that is what he is talking about, he is talking about nothing. As the law currently stands, the tax rates enacted in 2001 (the so called “Tax Cuts for the Rich”) will expire on 12/31/2012, and the tax rates enacted in 1993 will be revived. When scoring budget deals, CBO must use the existing law. So higher rates in 2013 are already baked into the cake.
Gee, is Obama SAYING he’s going to ream you again and take your money first and then KILL your JOB something new???? NO, HE’S BEEN SAYING WHAT HE’S GOING TO DO TO US ALL ALONG! The first thing he did was raise the cig tax and who smokes? the working poor that’s who. I can’t believe there’s ANYONE out there that would defend this maniac, HE’S A MANIAC THAT HATES ALL OF US, YEAH, YOU TOO LIBERALS probably even more! Well, we know what will happen and is going to happen if he’s reelected, why work? Why the hell work when you’re just going to be punished for it, he’s disgusting. When our president tells us in a speech about how he’s going to screw us THEN tells us TO EAT OUR PEAS???? yeah and Palin’s dumb, ha! Speaking of Palin and why they are attacking her for the Newsweek cover about what she’s wearing, that’s who she is and she looks awesome!!! There is only one person who has been fighting back this maniac and the only one who will repeal Obama/Romneycare before the tax bombs go off in that hot mess and that is Gov Palin! Have you noticed the Republicans in DC haven’t mentioned it at all, no they want this mess, in fact the Democrats COULDN’T OF GOTTEN IT WITHOUT THEM!!!! PALIN 2012 all the way!!!!
I like your way of thinking, Jann!
Don’t kid yourselves. Obama is not insane in isolation. There is a large swath of this country that would cheer this statement, either because they want some of that money, or because they just don’t want rich people to have so much of it. I talk to people who tell me this daily. I live in a college town.
When he said it in that manner I knew some conservative would pull the clip and claim he wanted to induce “job killing tax increases” later.
You really cannot understand nuance or sarcasm.
Maybe you should take a look at the facts relating to the Clinton 90′s and Bush 00′s…just a quick look at the tax rate for the wealthiest Americans followed by a glance at GDP and job creation. You may be surprised that talking points don’t equal facts and a higher tax rate for the wealthy doesn’t equal more jobs…its actually the opposite.
Hot Air: Obamateurism of the Day
http://hotair.com/archives/2011/07/12/obamateurism-of-the-day-545/