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Read My Lips: 95% of Americans Won’t Have Their Taxes Raised

August 2nd, 2009 at 11:57 am by Brian

Unless you count cigarettes, fast food, sodas, allowing the Bush tax cuts to expire or the new tax that we’re going to raise for 95% of Americans:

To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, “We’re going to have to do what’s necessary.”

While Geithner told me, “There are signs the recession is easing,” he warned that, “We have a ways to go.”

This is the inherent problem with Democratic Socialism, at some point, you run out of the top 5% of people’s money.  However, it took less than 6 months into Obama’s first year to run out of 100% of the people’s money.  If your entire platform is spending and giveaways, how does this bode for an administration with 3 and a half years left?  Better start shutting down those right-wing AM radio stations lest the withering criticism begins to scorch your legendarily thin skin.

To the tone deaf Republicans, Gheitner has given you the 2010 playbook.  The broken promise that was regurgitated ad nauseum throughout the campaign.

“I want to emphasize the basic reality that unemployment is very high in this country,” the secretary said. But, he underlined that the administration is “going to do what is necessary to bring growth back on track.”

Because “growth” comes from the government, you silly boy.  The engine of the American economy is properly oiled when you take money out of the citizens’ pockets and filter it through our efficient government to disburse back to targeted special interests.  Like spending so-called “stimulus” money on glue, glitter and construction paper. We’re truly in the best hands.

The second wave of home foreclosures will be coming towards the end of the year when the millions on unemployment reach the end of their lifeline. While that is necessary, the impact is going to cascade throughout every industry tied to it.  There will be no more cash to pay for the new clunker that you just bought with money borrowed from yourself to pay yourself:

Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.

The can has already been kicked down the road.

This is robbing Peter to pay Peter. Peter is pulling the gun on himself.  Usually you would call that suicide – today, it’s called the President’s plan for economic recovery.  Kevorkianomics by any other name.

When my niece asks me if we can go out to eat at a restaurant, I ask her if she will pay for it.  She pulls out an empty, crumpled fist of pretend money.   I hope the IRS will begin accepting this as payment as well since that’s how our government is paying for it’s promises.


2 Responses to “Read My Lips: 95% of Americans Won’t Have Their Taxes Raised”

  1. Donna Locke Says:

    Clunker of a government. Maybe it will buy itself back.

  2. Joanie Says:

    Unfortunately, all the idiots who believe in this guy put all the blame for what is happening on the last administration. As long as Obama and his stupid ilk have Bush to use as their whipping boy, Obama will not have to shoulder any of the blame for what is now happening. This is what the Republicans need to address…

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