Obama tells GOP leaders America not a 'banana republic'...
Understand that Obama agreed to the continuation of the Bush era tax cuts for all Americans and he agreed to this just last December. Now, 7 months after making that concession and in his typical ingenuous manner, he pretends to be Mr. Tax the Rich. Once again, the King of Double Talk has spoken and . . . . . . . . . . . at 11 am this morning, Mr. Tough Guy will hold a press conference in which he will charge the GOP with not caring for the elderly, children, and, who knows, maybe . . . . worms. He wants you to forget that it was Obama Care that cut $500 billion out of Medicare, that it was his Stimulus bill of 2009 that gave tax breaks for corporate owned luxury jets, that it was Obama who glibly agreed to continue tax cuts for all Americans just 7 months ago, that it was he who has added more than 3 trillion to the national debt with nothing to show for it except a group of well paid "green lobbyists" and union bosses, that it is his party who has not given us a legal budget for nearly 900 days and, finally, that is his minions who who no ideas on debt control other than soaking the rich -- which, of course, will take care of about two months of our national annual debt, at best.
I am against tax increases for anyone because there is not enough revenues in that idea to solve anything. Understand that his $2 trillion of proposed tax increases has been reduced down to $1 trillion. Understand that this will be levied on only 1% of our nation's population and is figured on a ten year course. In other words, the 1 trillion dollars will be assessed over the coming decade and, consequently, will cover less than 8% of our annualized debt (assuming our debt remains a 1.6 trillion per year. EIGHT PERCENT !!!!
No wonder the GOP is saying "no." The Democrat solution solves nothing.
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