Promise Meets Expiration Date
Barack Obama, August 5, 2009:
The last thing you want to do is to 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.
Most of this is in bad faith, anyway. Obama's "proposals" are not true proposals. He doesn't want a law; he wants an issue for the 2012 election. Every fake proposal he makes has a built-in poison pill to make it objectionable to Republicans, by design.
He's already announced his plan for 2012 is a Harry Truman-like run against a "Do-Nothing Congress." Obviously that plan can only work if Congress rejects his ideas; and he's making sure they will, by always sticking a poison pill in.
That's not an accident. And that's not Republican recalcitrance. That is a cynical non-plan by a man who is willing to let the economy tank further so long as he can claw some political advantage out of the wreckage.
One point five trillion in tax hikes from the man who just recently said "He's absolutely right, you don't want to raise taxes in the middle of a recession."
It should be noted that his wiggle-room there is always his claim that these taxes will not actually kick in for a couple of years, when the recession has ended.
You know, like it's already ended, supposedly.
But it did, didn't it? It was in all the papers: