Skip to comments.Obama Calls for Extension of the Very Bush Tax Cuts Which He Blames for His Economy
Posted on 07/09/2012 10:41:06 AM PDT by Kaslin
RUSH: So the media is gathered now awaiting breathlessly President Kardashian's announcement that he's going to extend the Bush tax cuts. Now, I seem to remember President Kardashian blaming these tax cuts for most of his economic problems. Am I right about that? Even today, even over the weekend, President Kardashian blaming Bush for the economic woes the country finds itself in. And at the top of the list of things that he blames Bush for are these tax cuts.
And so, President Kardashian today is going to extend the very tax cuts that he says have caused his own economic problems. Well, the reason I point that out... (interruption) why are you frowning? I think this is a brilliant point. That's what he's gonna do. He's announced extending some of the Bush-era tax cuts for people who make under 250 grand, but he has been blaming the entire Bush tax cuts for his economic problems. Now, this is the second time that Kardashian has extended them. There was the lame duck session of Congress after the 2010 midterms, and now this, the second time.
Now, back in June I made a prediction on this. I made a prediction that all of Obama's surrogates would keep talking about the need to extend the Bush tax cuts in order to convince the business community there would not be Taxmageddonon. Taxmageddon was due to hit us in January with all the health care taxes and all the others that are due to hit, that people like Clinton and Dick Durbin and the others would continue to talk about the need to extend, that Obama wouldn't say anything. My prediction was that next year Obama would pull a Clinton and convince the business community all year for the purposes of reelection he's gonna extend 'em and then get to January, February, if he's reinaugurated and say, "No, I can't."
Look, they're doing a big ceremony here. This is amazing. A huge ceremony. The very thing that Obama has been blaming for our economic woes he is now extending. And, of course, he's gonna get all the credit for this. The Bush tax cuts are the Bush tax cuts, but here comes Obama to save the day, launching a push to extend some of the Bush tax cuts. It would be for people that earn under $200,000 a year. Isn't this interesting? Isn't it amazing? Here is a guy who wants to be reelected -- don't believe all this talk that he doesn't -- here's a guy that wants to be reelected as much as he's ever wanted anything, and in order for that to happen, he has to push tax cuts.
It just confirms everything that we've said over the years about the left, and that is when they're in trouble -- and that's most of the time -- when it comes to time for reelection, they go conservative. They try to claim the mantel for themselves. They do it only for a few short months leading up to the election, and then they abandon all of that, of course, after they're elected. But why is President Kardashian doing this? The economic news that came out late last week when I was away -- you know, folks, this number, 85,000 people went on Social Security Disability Insurance in June, 84,000 people found jobs. More people went on disability than found jobs. And of the 84,000 jobs, what percentage of those jobs were part time and not really growth oriented jobs? This is just astounding.
Now, has anybody heard from Nancy Pelosi yet? Has Pelosi shown up and declared that having more people on Social Security disability is good for the economy? Remember, every dollar spent on unemployment benefits was supposed to create $1.73 of economic activity or something like that. So has Pelosi said the same thing about Social Security disability payments? "Oh, yeah, every dollar of Social Security disability payments creates a buck-and-a-half growth in economics in the country." I don't know if anybody's gonna ask him any questions today. It gets reporters in trouble when they ask President Kardashian any questions. But I still don't understand why we could balance the budget when taxes were only 18% of the gross domestic product during the Clinton years.
We're running a huge deficit. Our taxes are 25% of the GDP. That's how much taxes have gone up. Taxes were 18% of the gross domestic product during the Clinton years. With all these tax increases, why is the budget deficit continuing to skyrocket? Another question I have. All of this rotten economic news, and it was. It was horrible. The released data toward the end of the week, unemployment rate up to 8.2%, 80,000 jobs added in June, one-third of them at temporary agencies, 85,000 went on disability insurance. The real jobless rate if you count people who have given up looking for work but would like to find a job is at 14.9%, that's the U-6 number, so basically 15% real unemployment. Unemployment, of course it's gonna get worse.
I've got a story. Jim Pethokoukis has a chart, some graphs here about how the economy and the employment circumstances are going to worsen the rest of the year. The unemployment rate for blacks has jumped to 14.4%. It's 11% unemployment for Hispanics, and 780,000 fewer women are employed under Obama. The Dow Jones Industrial Average plunged late last week. You go back and you look at what the regime was predicting, and you realize that unemployment was going to be 5.6% today, with the stimulus. That's what they predicted it would be.
At this point in Reagan's recovery, you know how many jobs we were creating a month? 273,000. In the third year of Reagan's first term coming out of the recessions of '81 and '82. We were creating 273,000 jobs a month. We are averaging, under Obama since he took office, 75,000 jobs created a month. It's a total of 2.3 million jobs that have been created, but a lot of those are temporary, a lot of them are part-time. They're not growth oriented, career type jobs. Talk to anybody coming out of college. And yet Obama's favorability rate in certain polls is at 47%.
This proposal to sign a middle class tax cut bill is just political, of course. Romney will oppose it. Obama and Romney are both liberals and neither wants tax cuts for middle income Americans.
The other thing that Barack says that goes un-answered ... "we tried it their way for eight years!"
We tried it our way for the first 188 years and it worked perfectly. We have tried it Barack's way 47 years and that is why we are here today ... HIS WAY DOES NOT WORK!!!!!
ObamaIdiot and his idiot-ridden liar filled adminstration do not know if they are coming or going. Better yet, they lied to get into office and they will lie to stay in office. =.=
Obama's "announcement" this morning on extending part of the "tax cuts" is, for instance, just another little "bribe" for votes from citizens who either don't understand the desperation behind his action, or worse, know and willingly participate in the chicanery.
Congressman Allen West must make further appearances like the one on Huckabee this weekend, where he speaks with clarity that the choice voters must make is between slavery and freedom.
His courage in defining the choice in such stark terms has been criticized by the so-called "progressives," both politicians and their media surrogates. West, however, turns that criticism aside as either sheer ignorance of the history of civilization or duplicity in "changing" America from its founding principles.
Allen West is one American patriot who has studied the ancient and modern ideas of liberty versus those of tyranny.
Col. West understands the idea of "slavery" in a context which includes the very real human consquences of a government-over-people concept which is that of the so-called "progressives"--a concept which enslaves entire populations to the whims of petty tyrants and rulers.
Romney and others connected with the Fall election campaign should use opportunities such as this one as a "teaching moment," to explain the Obama strategy for what it is--a simple "concession" to futher his "change" agenda by winning over some voters.
Allen West understands what America's Founders understood that the idea of "government-over-people" makes "the People" slaves to that government, no matter how it describes itself.
"The liberties of our Country, the freedom of our civil constitution are worth defending at all hazards: And it is our duty to defend them against all attacks. We have receiv'd them as a fair Inheritance from our worthy Ancestors: They purchas'd them for us with toil and danger and expence of treasure and blood; and transmitted them to us with care and diligence. It will bring an everlasting mark of infamy on the present generation, enlightened as it is, if we should suffer them to be wrested from us by violence without a struggle; or be cheated out of them by the artifices of false and designing men. Of the latter we are in most danger at present: Let us therefore be aware of it. Let us contemplate our forefathers and posterity; and resolve to maintain the rights bequeath'd to us from the former, for the sake of the latter. - Instead of sitting down satisfied with the efforts we have already made, which is the wish of our enemies, the necessity of the times, more than ever, calls for our utmost circumspection, deliberation, fortitude, and perseverance. Let us remember that "if we suffer tamely a lawless attack upon our liberty, we encourage it, and involve others in our doom." It is a very serious consideration, which should deeply impress our minds, that millions yet unborn may be the miserable sharers of the event." Samuel Adams - Essay in the Boston Gazette, October 14, 1771
"When designs are form'd to raze the very foundation of a free government, whose few who are to erect their grandeur and fortunes upon the general ruin, will employ every art to sooth the devoted people into a state of indolence, inattention and security, which is forever the fore-runner of slavery." - Article signed "Candidus," in Boston Gazette, December 9, 1771
"If the public are bound to yield obedience to laws to which they cannot give their approbation, they are slaves to those who make such laws and enforce them." Samuel Adams- As Candidus in the Boston Gazette, January 20, 1772
"The right to freedom being the gift of God Almighty, it is not in the power of man to alienate this gift and voluntarily become a slave... These may be best understood by reading and carefully studying the institutes of the great Law Giver and Head of the Christian Church, which are to be found clearly written and promulgated in the New Testament." Samuel Adams - Rights of the Colonists, November 20, 1772
"It is the greatest absurdity to suppose it in the power of one, or any number of men, at the entering into society, to renounce their essential natural rights, or the means of preserving those rights; when the grand end of civil government, from the very nature of its institution, is for the support, protection, and defence of those very rights; the principal of which, as is before observed, are Life, Liberty, and Property. If men, through fear, fraud, or mistake, should in terms renounce or give up any essential natural right, the eternal law of reason and the grand end of society would absolutely vacate such renunciation. The right to freedom being the gift of God Almighty, it is not in the power of man to alienate this gift and voluntarily become a slave." - The Rights of the Colonists, November 20, 1772
Why should freedom-loving Americans be cowered into refraining from using the word "slavery" to describe the condition which results as a consequence of coercive government power over the lives, rights, liberties, and pursuit of happiness of individual citizens in the society?
If Romney is to win, then he and his surrogates need to understand and articulate what West understands and articulates. It's as simple as that!
No one could have said it any better then you
I do believe, as stated in that post, that, "If Romney is to win, then he and his surrogates need to understand and articulate what West understands and articulates. It's as simple as that!"
If others agree, let them communicate that belief to the GOP leadership. Our youth deserve no less. It is time for them to hear truth from their leaders, not political babble. It is they and their children and grandchildren who are being enslaved by the counterfeit ideas of those who would remove the real meaning of the words, "home of the free. . . ." in their National Anthem.
Romney needs to put the horse before the cart, so to speak.
First, there comes "liberty." "Jobs" will follow, but without liberty, what good are "jobs." Slaves and prisoners have those.
Very well said