Skip to comments.CNBC host Kudlow: Obama would rather ‘punish’ the wealthy than ‘fix the economy’ [VIDEO]
Posted on 09/14/2012 1:01:41 AM PDT by tsowellfan
Larry Kudlow, host of The Kudlow Report on CNBC, warned of a recession if current tax rates for all income brackets expire and the planned automatic spending cuts take effect.
He also told The Daily Caller that President Barack Obama would rather punish the wealthy than deal with Americas current economic challenges.
I really think the fiscal cliff, which is really a tax cliff its a tax-hike cliff depends on the election...
(Excerpt) Read more at dailycaller.com ...
He won’t have a job for much longer.
I hear ya. It's such an easy debate too. Common sense.
We have a tangent relative a big muck-e-muck in banking and was @ Fannie and Freddie for a while and can't seem to get off the Dem train and will probably pull the lever for "O" and is stuck on this subject, i.e. how many jobs will be lost if they downsize Fedzilla. Aggh! what they don't get is DC is a parasitic drag on all of us either fiscally or legislatively via the hidden tax of regulation which it effectively is!
Keep an eye on this one FHayek...
The Ford board of Directors I think voted the other day to promote Mark Fields to CFO as a step towards becoming the CEO to replace Alan Mulally.....
We are at a tipping point, will Washingtonand America become GM (Obama) or get downsized and balanced like Ford ( Romney).
Now back to Ford, will Mulally move on before or after 1/20/2013?
Either way, will he be available to be part of Romney's Team ( ergo he will only "hire" the best i.e Paul Ryan) as the lead guy to downsize and help balance "Fedzilla"?
After the Job he did @ Ford, I can't think of a better guy to tackle it...
There's short run and there's long run. I think of it like giving amphetamines to an addicted pilot or truck driver. Instead of going to sleep and eventually being cured, you can keep him up and performing a little longer. It hurts to come off of the drug, and so we put it off.
Otherwise, I agree with the rest of your post completely.
This needs to be stated repeatedly and loudly.
0bama revealed this truth about himself when questioned about th historical increase in revenue when tax rates are dropped.
He said it wasn’t about revenue, but about fairness.
Of course, that means simply the worst incarnation of the sin of covetousness - not really wanting to have what someone else has, but viscerally wanting them NOT TO HAVE IT.
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