Obama in 2009: The Last Thing You Want is to Raise Taxes in the Middle of a Recession
**Written by Doug Powers
President Obama is holding a press conference today before resuming budget negotiations with John Boehner and the Republicans. At the press conference, Obama will to “use the bully pulpit” to push his “deficit reduction plan” that includes massive tax increases.
During the subsequent meeting, Republicans might want to remind Obama what he said in 2009.
The Weekly Standard features an article about President Obama’s 2009 interview with NBC’s Chuck Todd during which Obama warned against raising taxes on anybody — even the rich — during a recession. I found the transcript on MSNBC’s website:
Todd: Let me jump to another topic, Scott Ferguson, he’s upset about taxes, he says: “Explain how raising taxes on anyone during a deep recession is going to help with the economy.” And he actually wants to you look at historical markers where this has been — you say, you know, where this has been a helpful thing coming out of a recession.
Obama: Well, first of all, he is right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we have instead cut taxes. So I guess what I would say to Scott is his economics are right, you don’t raise taxes in a recession. We haven’t raised taxes in a recession. We don’t have a…
Todd: But you might for health care. You might for the highest — for some of the wealthiest.
Obama: The — we have not proposed a tax hike for the wealthy that would take effect in the middle of a recession. Even the proposals that have come out of Congress, which, by the way, were different from the proposals I put forward, still wouldn’t kick in until after the recession was over.
So he is absolutely right, the last thing you want to do is to raise taxes in the middle of a recession because that would just suck up — take more demand out of the economy and put businesses in a further hole.
And since there’s no telling how long this recession/depression might go on, talking tax increases is a bad idea according to 2009 Obama — just as 2006 Obama considered raising the debt ceiling to be a failure of leadership. 2011 Obama disagrees with both of them.
Update: Gateway Pundit has the video.
Debt negotiations update: All he is saying is give peas a chance.
**Written by Doug Powers
Twitter @ThePowersThatBe
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Hope he meant that in a sexual context… cannibalism is worse – in my opinion. Opinion’s may very ask you doctor to be sure.
d’Oh.. vary… note to self ***USE PREVIEW***
Wow, Rogue. You got the propeller job…I’m impressed. You should be on Hangfire’s list.
Damn, I had one too! In sky blue. I think it was 26′ in length and any time my brother was in the car he’d signal making a left by saying “Hard to Port!”
Sure miss it. We only took it the drive-in movie for the kids in summer.
Nothing to forgive, mate.
Either is too big for the parking spaces here in Hawaii.
A BMW Isetta is considered mid-size here.
Remember, Barky’s genius virtually overflows out of his cup. The only problem for him at this point is that he either needs more lipstick or a smaller pig.
http://www.lov2xlr8.no/brochures/ford/77ltd.html
I consider it to be the The Great Oppression!
This is not an accident, it is deliberate, it has a purpose. While depressing both in sentiment and economics, it is an attack on Freedom, an Oppression of Liberty and the American Spirit.
The Great Oppression must be thwarted!
LMAO! Let me guess, this is considered a family sedan….
I don’t think it is that he is looney tunes, he is just narcissistic. In his own mind he can do no wrong, everything he does is supposed to work and if it does not it is becuase someone else meddled in his perfection. A narcissistic person tends to surround themselves with “yes” men which only perpetuatues the illusion of not being able to do wrong.
Wow, look at that – Truesoldier actually sounds smart in her post #210 – she articulates a coherent depiction of narcissism.
Her depiction really sounds much more like George Bush and Condi Rice than Obama.
But I can look past that and give credit where it’s due.
Don’t laugh. Those are great little cars.
I keep one in the trunk for emergencies.
Giving credit is what got the country into the mess it’s in.
Thanks for your benevolence.
Yep. No one could be as Narcissistic as Old GWB. Certainly not Barky.
“And since there’s no telling how long this recession/depression might go on”
Yes there is…it will go on until Congress and the White House is populated with conservatives…not necessarily Republicans. It WILL go on until then. When the sheep in this country stop electing Liberals, we can move ahead.
Haven’t you ever heard, “Do as I say, not as I do”?
Snakes in Suits: When Psychopaths Go to Work
Sound familiar?
Oops, let me rephrase that.
Do as I say NOW and not what I said 2 years ago.
Besides, what I said in the past has no bearing on now or in the future.
Jane you, ignorant Sl*t(where is Cheddar when you need ‘em), only the men that leave the quarters on your nightstand would want credit from you anyway.
Way to stick to the thread, champ. What incredible insight once again!!
Newsflash: Bush ain’t the president any more!
Darn… now I have to apologize again for insulting anyone (other than ILOVEMY******).
If anyone (other than the intended target)feels belittled or degraded, I am sorry you feel that way.
Diagnostic criteria of the World Health Organization:
Looks Like Barky is in for at least a couple more years of budget negotiations…
If you had half a brain ILMC you would know Truesoldier also gave a spot on depiction of Andrew Johnson and William Seward.
They are equally relevant to your point.
You have not been kicked off this site yet? WOW……
You’ll have to ask Jane Curtin.
Otherwise, insult ILMC to your heart’s content.
She’s gone, anyway. She strafes the room and then returns to home base, probably SOROS field.
And to think, the Left went nuts on George W. Bush for standing in front of a banner that said “Mission Accomplished.” They have continued to go off on him because of the supposed inconsistency of saying that the major actions of the War were over and what happened later (“He lied!”).
And yet, Obama absolutely, directly, and unequivocally contradicts himself in the space of 2 years and I doubt we’ll hear a peep from the resident Leftists that come here, much less from the MSM. That’s when you can tell the partisans from those interested in the truth and doing the right thing. Partisans are typically silent when their guy is “busted” and truth-seekers are willing to ackowledge failings even of those that carry their banner.
Then there are those like ILMC, who makes posts which are literally undecipherable and have NOTHING to do with the topic at hand. It’s almost as if he/she feels that as long as they say something–ANYTHING–that sounds in some vague way like a crack at conservatives, they’ve dealt with the issue.
Gee, seems to me like someone needs to project their gender inequalities onto me. Let me guess, your mother either smothered you when you were young or did not love you enough so now whenever you feel the need to lash out you have to assume that it is a woman that is speaking. This would also explain your lashing out at Bush. My guess is that your own father either was not around or you felt did not protect you as a child. Now the thought of a stronger masculine male figure ticks you off to no end as that is what was missing in your life. This would also explain your rabid acceptance of the metrosexual type president which currently resides in the WH.
No worries, with a bunch of therapy I am sure you can overcome these feelings of inadequacy to go on and finally live a fulfilling life.
Sure would beat the little doughnuts they call spares nowadays.
Good link, Zero ref’s to himself just under 1,200 times in what, 41 speeches? Nothing ‘wrong’ w/ that? For all the in-tank accolades, no objective person can possibly conclude otherwise.
Truesoldier said:
I’m going w/ that! The more you look at Barky’s Breakdown, I swear the more he looks like the Lizard King. Jim Morrison warped into a self-deluded, fame starved closet misogynist that constantly promoted himself as “above it all” too.
Isn’t that a prostitute on the subway?
Actually when it comes to GWB, I would not be surprised to find that throughout his life he strived to try to fill his father’s shoes. These shoes were huge to fill when you consider his father’s achievements of heading the CIA and becoming President just to name a few (this may not seem like much to some, but to a younger GWB it very well may have). This probably led to bouts of depression throughout his life. Many times I wonder if he compromised his own principles while making deals so as to try to acomplish as much as he could; therefore gaining a greater respect from his father (whether those feelings were right or wrong is irrelevant to the persons reality).
I think I’m becoming depressed.
If something goes wrong, and Barry DOES manage to get himself re-elected, then I believe instead of playing “Hail to the Chief,” the Marine Corps band should play…..
“Send in the Clowns”
Or perhaps Taps……
On July 11th, 2011 at 5:20 pm, Agent of Chaos said:
More like it. One could always replace “hour” with “one minute” or “thirty seconds”.
You mean Marine Corpse don’t you?
There’s only one way for Barry to bring up his poll numbers.
I guess Muammar Gaddafi is toast.
I’ve seen doughnuts larger than those so-called spare tires.
Obama: I Absolutely Vow I Will Raise Taxes In 2013, After My Re-Election Video Here
In other words:
“Re-elect me to get massive job killing tax hikes when I’m a lame duck and you can’t do a thing about it.”
That right there is a sure-fire winner of a message. If you want to morph into Jimmy Carter circa 1980.
Come on Obama, you don’t need those Republicans. Just print more money and blame Bush.
I know exactly how long the depression will go on. It will continue until King Hussein is off his throne.
More from the deficit talks….
Congressional leaders will need Democratic votes not only in the Senate but the House as well. “You’ve got the (Michele) Bachmann Caucus that has made it clear they won’t vote for anything,” one Democratic official said.
Suddenly I’ve got a powerful hankerin’ for a bowl of buttered peas.
While I wouldn’t say the Washington Democrat crowd is slow, but on average it takes them about an hour and a half to watch 60 minutes.
They’re still looking for a replacement for that dead guy on Jack@ss.
I think where many are missing the point (topic) is that Obama believes 2 things:
a) You don’t raise taxes in a recession.
b) In all of his grandeur he fixed the economy so it’s time to raise taxes. He is that great, just ask him.
see post #210
Hey ma!! Can I have $5 for dinner with my Master and Plugs?
(h/t RC)
Actually, three things:
3) His own fecal matter is pleasant to smell and has the medicinal properties to cure cancer
Best wishes to your wife for a speedy recovery.
Thanks for your service.
Is this how they talk to each other? Man, are they missing some important real life stuff.
Wimpy said it wasn’t easy to vote for entitlement cuts and no one is cheerleading that effort meaning they don’t want to do it but must. Obama said you guys voted for it.
No kidding Sherlock. Wimpy didn’t say they wouldn’t vote for it. He said it was hard.
No real economist thinks taxes are job killers said Biden. Really? Really? Biden just pulls that from his butt and acts like thats real science. Totally devoid of reality but yet doing major economic negotiations for our country.
And who cares if their position was ideological. Obamas certainly are.
Obama’s Marxist Immersion Shows in Presser
In this morning’s press conference, Barry let slip a telling expression. To give context to this quote, Barry earlier made multiple mentions of the fact that he was a “best-selling author” and was personally wealthy due to income from “his” books. It would seem that Jack Cashill’s work has gotten under the Usurper’s skin. Here is Barry clearly paraphrasing Marx:
http://www.americanthinker.com/blog/2011/07/obamas_marxist_immersion_shows_in_presser.html
LOL. At first glance, I thought you wrote ilovemytranny…
And since I don’t think auto mechanics is a hobby of ILMC, then he probably vacations in San Fran…a lot.
Better get my eyewear checked.
Impossible! Barry is taller than Jimmy.
Barry’s aped Marx before, but the LSM won’t call him on it due to the fact that Barry’s goals and the goals of the press are identical.
You used Obozo and ape in the same paragraph…racist!!!
/sarc off
It was a Freudian petticoat. Honestly. I didn’t mean it.
It will never happen again.
Nor will I ever mention Barry and ******* again in the same sentence.
That’s ok, Hangfire. I understand how frustrating commenting on Obozo is…want a banana?
I know, check this out from a friend of mine…comparing our marxists…
>>our Marxist-in-chief in Australia is going down the same road….
Sad. Australia was prosperous until Kevin Rudd became Prime Minister and was then stabbed in the back by Juliar-the Marxist – Gillard (Dullard).
The same thing is happening here and on a big scale. Pork, pork pork and useless taxes that will do nothing for the climate or the air that we breathe out.
Why not, we don’t live in a banana republic so they are in short supply.
We’re one Cardigan sweater,one relative hawking beer, and one embassy take over away from Barky going “Full Carter”.
Nah, at least Carter had raised peanuts and worked on “nookier” submarines. Obama’s never been useful in his life.
Maybe not now…but I believe he will be number one with a bullet when historians publish their worst 10 U.S. presidents, ever.
this whole thing about big giverment and and the shortage is not complicated. It boils down to liberal thinking being led by a Marxist, it’s that easy. By the way, get rid of Cantor what POS he is, still holding final judgement on Boehner until he folds or shows he has a back bone.
Well you got part of it right…he will be numbers 1 through 10.
Well you got part of it right…he will be numbers 1 through 10.
Sick of Obama, Biden and the rest of them.
They need to be dragged out of the white house in restraints and jailed.
But at least they are celebrating in Plains, Georgia
Welcome to the Secret Service watch list.
Dear Secret Service Agent assigned to my case,
The phrase “number one with a bullet” comes from a Billboard Magazine (record sales) charting system. Here let the Urban Dictionary explain it:
Billboard Music Charts places a bullet next to any song or album that has gotten a higher rating since the last chart came out. Regardless of how long it took the song/album to achieve this rating, if its number has gone up, it gets a bullet.
Just ask Casey Kasem…this has been a long distance dedication.
Dr. John Harvey Kellogg: My own stools, Sir, are gigantic and have no more odor than a hot biscuit.
Please bear with me but, from 12,000 miles distant, it seems your Boy King politely (sort of) arks the opposition party (Republicans) to agree that he can have lots more money than he said he wanted last time, to spend on otherwise unemployable public servant salaries, family holidays, golf days and other such vital things.
The Big Tough Republicans announce publicly for weeks on end “Tell him he’s dreamin’!” and then, at the last moment, send one of their top blokes in – the one who makes a point of blubbering every time he gets to do something important – to bat all alone against His Mighty Intellect and get bowled middle stump. By the biggest sheila of a bowler I have ever seen.
Correct me if I’m wrong – hasn’t this played out the same way a couple of times already in the past 6 or 8 months? Last time I recall Your Prince cocked His head, jutted His jaw and said “I had to stay up all night!” and he got exactly what they told him he wasn’t going to have, ever ever.
What’s Boner going to do this time that’s so different? Pluck up the courage to ask for His Eloquent Autograph before he gets booted out via the servants’ entrance?
Why are they so frightened of Him? Are they, grown men and all, incapable of telling Him to “Pith off!” and make do with what he scammed off them last time?
ilovemyprepuce said:
hey ma! why does my hermit crab stink?