Obama Lies #577 and #578

Discussion in 'Politics & Religion' started by pspr, Apr 11, 2012.

  1. pspr

    pspr

    "If we would just convert these investments that we're making through out government in education, research and healthcare. If we just turn those into tax cuts, <s>especially for the wealthy,</s> then somehow the economy is going to grow stronger. That's the theory," President Obama said about the right at a campaign event on the tax code in Boca Raton, Florida today.

    "Here is the news. We tried this for eight years before I took office. We tried it. It is not like we did not try it. At the beginning of the last decade, the wealthiest Americans got two huge tax cuts, in 2001 and 2003. Meanwhile, insurance companies, financial institutions, there were all allowed to write their own rules, find their way around the rules. We were told the same thing we're being told now -- this is going to lead to faster job growth, it's going to lead to greater prosperity for everybody. Guess what? It didn't," he said an audience at Florida Atlantic University.


    http://www.realclearpolitics.com/vi..._we_tried_it_its_not_like_we_did_not_try.html

    President Obama, who famously called for tax increases on the wealthy to "spread the wealth around," denied today that his tax increases on the rich are an attempt to "redistribute wealth."

    "So these investments -- in things like education and research and health care -- they haven't been made as some grand scheme to redistribute wealth from one group to another," the president said today at Florida Atlantic University. "This is not some socialist dream," Obama added, as he called for tax increases on millionaires today to pay for those investments.

    When he advocated the same plan in 2008, though, Obama described this "spread the wealth around" policy. "I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5 percent of the folks who are doing very well – even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts," he told Samuel Wurzelbacher (aka Joe the Plumber), who is now running for Congress.

    Today, Obama similarly opposed "giving those tax breaks to folks like me who don't need them."

    In 2008, Obama summarized his plan to make the tax code fairer by saying "I think when you spread the wealth around, it’s good for everybody." Today, he specifically distanced himself from such a characterization of his position and -- as has been his recent habit -- made a point of rejecting the "socialism" label.

    In short: Obama was careful to avoid the "spread the wealth" phrase today, but he defended the Buffett Rule by making the "spread the wealth" argument first made in 2008.


    http://campaign2012.washingtonexami...bama-im-not-trying-redistribute-wealth/473116
     
  2. Hopefully the parasite class hasn't reached critical mass.