Monday, September 19, 2011

Obama Unveils Deficit Plan Containing $1.5T in Tax Hikes, GOP Cringes

I am thoroughly convinced B.H.O. ABSOLUTELY does not want to be president for a second term.

There's an old saying in the business world, you have to spend money to make money. Unfortunately This doe not, I repeat DOES NOT APPLY TO THE GOVERNMENT or it's day to day operations.

President Obama, drawing immediate condemnation from congressional Republicans, unveiled a new deficit reduction plan Monday anchored by $1.5 trillion in new taxes.

How the Hell do you reduce a budget deficit by raising taxes ! ! ! YOU  DON'T. Or should I say, it can't be done.

Treasury Secretary Tim Geithner disputed claims that the plan would hurt the economy, describing the tax changes as "modest" and fair. "I am very confident that the modest changes we're suggesting in terms of revenues would make the economy stronger in the long term," he said.

How this guy still hads a job mystifies me to no end !

If  B.H.O. stay on his crash course Presidency, He wi take President Carter's Title "As The Worst President In U.S. History."

YOURS IN LIBERTY ! ! !

Bob Yeager







 







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