Video--Obama in 2009: ‘You Don’t Raise Taxes in a Recession’

Discussion in 'Politics' started by mandym, Jul 11, 2011.

  1. mandym

    mandym
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    In an Aug. 5, 2009 interview with MSNBC, President Barack Obama said it was bad economics to raise taxes in a recession. However, now the president is pushing for billions in new taxes as part of a deal to raise the debt ceiling.

    “You don’t raise taxes in a recession,” Obama told MSNBC’s Chuck Todd.


    http://www.cnsnews.com/news/article/video-obama-2009-you-don-t-raise-taxes-r
     
  2. carpro

    carpro
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    He's a democrat and a liar.

    Democrats always want to raise taxes.

    As a matter of fact , he was successful in getting several tax measures passed while democrats controlled both houses of Congress.
     
    #2 carpro, Jul 11, 2011
    Last edited by a moderator: Jul 11, 2011
  3. Robert Snow

    Robert Snow
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    Taxes need to be raised on the wealthy. They are the only ones with money, and after all, this country has been good to them. They can afford to step up during this crisis.
     
  4. mandym

    mandym
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    Jealousy///////////
     
  5. InTheLight

    InTheLight
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    No, spending needs to be cut. If you raise taxes on the wealthy this time, then you will raise them next time, and the next, and the next. It will never end.

    Continually raising the taxes on the wealthy will cut into charitable donations, meaning some bleeding heart liberal will propose a government program to fill in the gap left by declining charity work. This becomes a vicious cycle.
     

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