Monday, September 19, 2011

Obama's economic plan, raise taxes

This is a clip of Stupid from 2009 when he says it is not a good idea to raise taxes in a recession. Now that we are in a depression he wants to raise taxes. Brilliant! Here is what the smartest man in the room, Obama, said today:

Drawing clear battle lines for next year's elections, a combative President Barack Obama on Monday demanded that the richest Americans pay higher taxes to help cut soaring U.S. deficits by more than $3 trillion. He promised to veto any effort by congressional Republican to cut Medicare benefits for the elderly without raising taxes as well.

"This is not class warfare. It's math," Obama declared, anticipating Republican criticism, which was quick in coming.

This moron will not be re-elected and even the Obama sychophants in the media are realizing it:

But there is good news for the president. I checked the Constitution, and he is under no compulsion to run for re-election. He can scrap the campaign, bag the fundraising calls and never watch another Republican debate as long as he's willing to vacate the premises by Jan. 20, 2013.

That might be the sensible thing to do. It's hard for a president to win a second term when unemployment is painfully high. If the economy were in full rebound mode, Obama might win anyway. But it isn't, and it may fall into a second recession — in which case voters will decide his middle name is Hoover, not Hussein. Why not leave of his own volition instead of waiting to get the ax?

It's not as though there is much enticement to stick around. Presidents who win re-election have generally found, wrote John Fortier and Norman Ornstein in their 2007 book, "Second-Term Blues," that "their second terms did not measure up to their first."

I have to say I am really enjoying watching this empty suit fall on his butt. But what is more enjoyable is the schadenfreude I am getting from watching all the morons who invested themselves emotionally in this twit and thought that somehow by voting for him he was going to come down from on high and kiss their life and make it better or at least make their mortgage payment and buy their gas. 

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