Friday, June 3, 2011

Unemployment: 9.1 Percent

What is Obama's response to the poor economic situation and the disturbing rise in the unemployment rate?

Read his lips: NEW TAXES.

Tom Bevan tweets:

Recipe for disaster? As unemployment ticks up to 9.1%, Obama promises Dems he'll run on raising taxes in 2012. http://huff.to/jhryNa

From the Huffington Post:
In a meeting with House Democrats on Thursday, President Obama stressed that his administration would draw a firm line on taxes and revenues both in the deficit- and debt-reduction debates and in the buildup to the 2012 elections.

According to multiple meeting attendees, the president reiterated on several occasions that a deal to raise the country's debt ceiling would include revenue increases, even as Republican lawmakers insist that such a deal should be restricted to spending cuts and entitlement reforms.

"I've been very clear about revenues as a part of a balanced package, and I will continue to be," said Obama.

Underscoring his commitment, Obama noted taxes would be a defining area of contrast with Republicans on the campaign trail. He insisted that he would not compromise again on his position that the tax rates for the top earners be raised to pre-Bush levels.

"Revenue increases."

The Obama Doctrine: Higher taxes create jobs.

Really?


4 comments:

Harvey Finkelstein said...

The plan is working, it's just taking longer than they expected. Things should have been much worse by now. It's coming, I'm afraid. Soccer moms everywhere are going to freak out.

Mary said...

Soccer moms everywhere are going to vote against Obama in 2012.

Harvey Finkelstein said...

From a speech today at a Chrysler plant:

“We’ve got to rebuild this whole economy for a new age so that the middle class doesn’t just survive, but it thrives,” Obama said.

Is there any doubt as to what is going on with this radical wannabe? He thinks he needs to tear down the country and start over. It's what he has thought since his college days and now he's got the chance to get it done.

What a bunch of suckers are many of the USA's voters.

Mary said...

I think Obama may have a rough time getting reelected.

He has a record now. Americans know him and many aren't satisfied.

The economy absolutely sucks.