Video: Obama Promises “Job-Killing Tax Increases” After 2012, Says Job Losses Prove Stimulus Worked (Videos)

If you were regularly described as one of the most “brilliant” leaders in our nation’s history and were poised to launch a 16-month-long crusade to convince the nation to re-elect you, how would you sell your dismal economic record? Barack Obama gave his answer in a press conference yesterday, when he promised to deliver “massive, job-killing tax increases” and claimed a 9.2 percent unemployment rate proves he was right all along and Americans should be grateful.

Obama’s plans for the nation include more redistribution of (borrowed, Chinese) wealth, financed by $1 trillion in tax increases. Even Obama understands the likely impact of this move. In 2009, he told MSNBC’s Chuck Todd, “You don’t raise taxes in a recession,” and during the lame duck session of Congress he called extending the Bush tax cuts “an essential step on the road to recovery.” In Monday’s press conference, he admitted:

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.

In other words, he promised he will wait until he is safely re-elected and beyond the reach of the people (except for impeachment), then destroy the economy. Obama ’12!

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Only the most naive believe these tax hikes will only touch the “millionaires and billionaires” Obama constantly inveighs against. The Associated Press noted yesterday, “Proposals under consideration include raising taxes on small business owners and potentially low- and middle-income families.” After all, the wealthiest Americans are already paying a disproportionate percentage of income taxes. Patrick Tyrrell of the Foundry blog writes that the IRS estimated as of “2008, the top 25 percent of income earners—those earning $67,280 or more—pay 86.34 percent of the income taxes, yet earn only 67.38 percent of all income in the U.S.” If Obama is re-elected, he has told American you can expect unemployment to skyrocket.

Obama then added an odd claim: that the discouraging job reports of Recovery Summer 2.0 prove his stimulus plan worked. He said:

[W]ithout relitigating the past, I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs. And part of the evidence of that is as you see what happens with the Recovery Act phasing out. When I came into office and budgets were hemorrhaging at the state level, part of the Recovery Act was giving states help so they wouldn’t have to lay off teachers, police officers, firefighters. As we’ve seen that federal support for states diminish, you’ve seen the biggest job losses in the public sector — teachers, police officers, firefighters — losing their jobs.

You see, people losing their jobs now is proof Obama saved their jobs earlier. Be sure to note the reporter’s bewildered expression at the 0:54 mark.

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Obama’s unscripted inanities are amusing, but the effects of his policies are no laughing matter. Former Virginia Governor Jim Gilmore, who is currently the president of the Free Congress Foundation, sketched out what the “new normal” really means for average Americans. If current economic trends continue, the average family making $45,000 a year in 2005 will be nearly $100,000 poorer in 10 years. “[F]rom 2005 to 2021, the total loss for this family would be $96,977,” Gilmore wrote, “enough money for this family to purchase eight years of groceries, 31 years of gas for one vehicle or four years at a public four-year college.”

When the best economic mind the ruling party can produce says unemployment is success and “job killing” is his goal, no one should be surprised the status quo future he has planned for most Americans looks like this:

gilmore2 Video: Obama Promises “Job Killing Tax Increases” After 2012, Says Job Losses Prove Stimulus Worked (Videos)

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Comments

  1. Is he crazy or does he think WE are crazy, OR is it even more sinister than that…he KNOWS something we don't? If they don't start impeachment soon, this whole house of cards will collapse in our laps and we will be futilely attempting to get our country back….but, it will be gone forever. He stands in front of the people and tells them he plans to destroy them, and the people clap and cheer for him. Satan is alive and well and residing in Washington DC, in OUR white House. I don't think they can get rid of him.

    • cactusbob says:

      He seems crazy, but being surrounded by his dedicated a$$-kissers he's probably convinced we are stupid. At least the majority, the ObamaVoters, are stupid, and that's all he needs in order to win. It makes no difference if he has to pay them, it's our tax money he's doing it with, and it's worked so far. Now we know why the dumbing down of America was important – lots of people can't read the conservative blogs and find out what's really going on. Just as in his 2008 election, he has handed the GOP all the ammunition they need to blow him out of the water, but they probably won't use it next year either.

  2. I am on my tird reading and it still does not make sense. He actually thinks this way. He's gotta go ASAP!!!

  3. What a joke of a "president" lecturing as the "good parent" telling us to eat our peas?? He is actively taking steps to destroy America and all we do is "compromise" . If impeachment doesn't begin soon our country is doomed to collapse under his regime of commie thugs and liars. Stand firm against raising the debt ceiling and taxing the businesses that create jobs.

  4. Impeach now. We cannot afford to wait until 2012. Get this Obummer off our back.

  5. Tatersalad says:

    Move over Jimmy Carter. America has just found your replacement as the worst President (after Woodrow Wilson) to be #1 on the list. Will you build your Presidential Library in _________?

  6. Communist Obummer is an ILLEGAL IMMIGRANT MUSLIM! He is using a FRADULENT SOCIAL SECURITY NUMBER from Connetticut where he has NEVER lived! This Obummer is surrounded by other COMMUNISTS; 70 OF WHICH ARE HOUSE DEMOCRATS!!! Nancy Pelosi was head of Socialists of America, and all of Obummers Czars are COMMUNISTS!!! These individuals are ALL of the same mindset = TO KILL AMERICA! This is what they are out to do to us all! We are INFIDELS! This is NO JOKE!!!!! These perpetrators should be ARRESTED & TAKEN TO GITMO where ALL PRISONERS OF WAR GO! They are NOT AMERICAN and have NO RIGHTS they are all traitors to us at a time of WAR!

  7. Remove him, hell tri him for Treason, let me count the offinces, start with failing to protect our country by allowing the southern border to remain open to allow Mexico's now civil war to wander up here with there invading Illegals he refuses to do a thing about! His starting an illegal war with out congress approval, his illegal campaigning from inside the White house and using government provisions to do so with, the Law dose not apply to him or his group, or how about his support on the American Union with Canada the United States and the Cesspool Mexico with there croup government, (just goes to show you there are worse then we have become even now) this is high Treason and should be treated as such, The only way he can win is like Reid with tampered voting machines but I bet Obummer figures out some way to screw the machines some way, He has something up his crooked sleeve. It is time to oust him and all his Czars and far left Socialists he installed in our government, to do away with all the Muslims he installed in our defense and security structures, talk about putting the fox in the hen house this traitor has done so, He should have been impeached long ago, actually he should have been resurrected and his African birth brought out and Obummer prevented from running for out most high and honored government office of the land will until his shit on it as he has all America now. No where has corruption run as ramped and been ignored by our left wing news agency so much as this foreign born socialist Muslim has managed to create. As the world laughs at us we sink in national standing. our lives forever damaged by this traitor. Make him pay!

  8. NoSuchThingAsAn says:

    The 74th smartest person in the world has written many articles about the troubling history of Obama, at http://www.NoSuchThingAsAnOpinion.com

  9. IMPEACHMENT is the only viable answer at this point. We need 2/3 of the House to vote articles of impeachment which is possible, difficult but possible. Then it is up to the Senate to convict which would be much harder. Having said that, the Senate are primarily prima donna cowards who may very well get on board if AMERICA gets mad enough and makes their voices heard. This little clown obama is not very bright. He has made more gaffes in a short period of time than anyone in modern history. He makes Vice President Quayle look like a genius…actually Quayle is a lot smarter than obama truth be known. Obama must go soon but we all need to do our part…..from getting a magnetic bumper sticker that says IMPEACH OBAMA like I have to articulating the basic issues as to why he must be impeached. You don’t need a lot of them…there are many but most people can’t hold a lot of information in their melons for long….As Churchill said…NEVER, NEVER, NEVER GIVE UP!

Trackbacks

  1. [...] Whether the topic is socialized medicine, the lack of “shovel ready” jobs in his stimulus bill, higher taxes, increased spending, adding trillions to the national debt, or apologizing for America; he can [...]

  2. [...] Whether the topic is socialized medicine, the lack of “shovel ready” jobs in his stimulus bill, higher taxes, increased spending, adding trillions to the national debt, or apologizing for America; he can [...]

  3. [...] single-mindedly focused on killing the Bush tax cuts once and for all. Ending them would result in the largest tax increase in American history, over $1 trillion, and that was the price for a deal in the Super Committee. Republicans were not [...]

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