Obama Promises “Job-Killing Tax Increases” After 2012, Says Job Losses Prove Stimulus Worked (Videos)

Ben Johnson, The White House Watch

If you were regularly described as one of the most “brilliant” leaders in our nation’s history and were poised to launch a 16-month-long crusade to convince the nation to re-elect you, how would you sell your dismal economic record? Barack Obama gave his answer in a press conference yesterday, when he promised to deliver “massive, job-killing tax increases” and claimed a 9.2 percent unemployment rate proves he was right all along and Americans should be grateful.

Obama’s plans for the nation include more redistribution of (borrowed, Chinese) wealth, financed by $1 trillion in tax increases. Even Obama understands the likely impact of this move. In 2009, he told MSNBC’s Chuck Todd, “You don’t raise taxes in a recession,” and during the lame duck session of Congress he called extending the Bush tax cuts “an essential step on the road to recovery.” In Monday’s press conference, he admitted:

So, when you hear folks saying, “Well, the president shouldn’t want massive job killing tax increases when the economy is this weak.” Nobody’s looking to raise taxes right now. We’re talking about potentially 2013 and the out years.

In other words, he promised he will wait until he is safely re-elected and beyond the reach of the people (except for impeachment), then destroy the economy. Obama ’12!

(Story continues after video.)

Only the most naive believe these tax hikes will only touch the “millionaires and billionaires” Obama constantly inveighs against. The Associated Press noted yesterday, “Proposals under consideration include raising taxes on small business owners and potentially low- and middle-income families.” After all, the wealthiest Americans are already paying a disproportionate percentage of income taxes. Patrick Tyrrell of the Foundry blog writes that the IRS estimated as of “2008, the top 25 percent of income earners—those earning $67,280 or more—pay 86.34 percent of the income taxes, yet earn only 67.38 percent of all income in the U.S.” If Obama is re-elected, he has told American you can expect unemployment to skyrocket.

Obama then added an odd claim: that the discouraging job reports of Recovery Summer 2.0 prove his stimulus plan worked. He said….

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Comments

  1. Sounds just like a communist. Make all people equal and government will provide everything you need. arrest the imposter!

    • Ukrainian American says:

      You hit it right on the nose. My parents lived under communism and during the Bulshivik revolution and that is how they got the people to believe the government was their savior in lieu of GOD!!!! God was dead is what communism teaches you. My Grandfather was a priest and he was forced to go under cover or DIE!!!! He never gave up his calling and the elderly would not give up their religion or belief in GOD. Mass was held in secrecy.

  2. Chess Game says:

    Higher taxes always bring higher prices for consumers, regardless. The economy needs to be re-started and it can only happen, when business owners know what is ahead. If ahead means obamacare, more regulations and taxes, guess what? None is going to want to spend in investments or spend as consumers. We need less taxes, less costly bureaucracy, less expansion of government, and hopefully very soon less democrats in office and definitely No obama. It is been said that the problem in Washington is spending not revenue!

  3. Retired USAF Chief says:

    “The trouble with socialism is that eventually you run out of other people’s money.”

    ~Margaret Thatcher~

  4. Ernest Brown says:

    Why is it taking so long to get Obama on his way to prison for all the illegal crap he has done. If an imposter
    president can't be impeached then all that has to be done is kick his ass out. The more he digs the longer its
    its going to take to fill it up. So we the people want him out now. the white house stafe recives $100,000
    a year and just got a COLA, I an one of the millions of seniors on Social Security, none of us recived a COLA
    in 2010, 2011, and your imposter president said we would'nt get one 2012, also he plans to cut Social Security and medicare and medicade, I think I might be on his death list as I turned 81 last month, So long
    my friends it has been good knowing you
    ebrown624@suddenlink.net

  5. What's sad is people still support this damn fool. He's nuts! I'm still on my third reading and it just gets crazier. Who is writing this for him? Unbelieveable!!

  6. POMPUPPIES says:

    MAYBE YOU GUYS DON'T THINK LIKE I DO . BUT WHY IS IT ALWAYS SOCIAL SECURITY THAT HAS TO BE CUT? WHY CAN'T THEY CUT ALL THE AID WE GIVE ALL THESE OTHER COUNTRIES AND TAKE CARE OF OUR OWN FOR A CHANGE. IT DON'T MAKE SENSE TO ME.

    • Where do the democrats get off cutting off social security? We paid this money all our working lives, for our retirement. It is OUR money not theirs!

    • MILLIE HOBBS says:

      THERE IS ENOUGH WASTED FOREIGN AID TO COUNTRIES THAT HATE US (THE MUSLIM AND COMMUNIST COUNTRIES, IN PARTICULAR), AND ENOUGH GRAFT, CORRUPTION, AND PORK BARREL SPENDING THAT SHOULD BE CUT FIRST, THOSE SOCIAL SECURITY MONIES WERE PAID FOR BY THE SWEAT, BLOOD, AND TEARS OF SENIORS AND DOES NOT BELONG TO THE FRAUDULENT POTUS, OR OUR CONGRESS! TOUCH IT AGAIN (AFTER ROBBING IT BLIND OVER AND OVER) AND DC WILL REALLY FEEL THE WRATH OF WE, THE PEOPLE! BACK OFF, DC, OR PAY THE PIPER IN 2012!!!

  7. ROBERT AUGERI says:

    THIS OBAMA SAYS ONE THING THEN SAYS SOMETHING ELSE. HE SPEAKS WITH A FORK TONGUE. THEY THE CONGRESS SHOULD IMPEACH THIS IMPOSTER. NO ONE AS OF YET ASKED FOR HIS TRUE BIRTH CERTIFICATE AND HIS TRUE SOCIAL SECURITY NUMBER. MRS OBAMA ALONG WITH HER HUSBAND SHOULD BE LED OUT OF THE WHITE HOUSE ALONG WITH THE DEMOCRATS IN HAND CUFFS. OBAMA AND ALL OUR CONGRESSMEN AND SENATORS ARE COWARDLY TO FIND OUT IF THIS OBAMANATION IS A CITIZEN BY THE CONSTITUTION. IF THEY HAVE HEARING ON HIS ELIGABILITY TO HOLD OFFICE AND FIND OUT HE IS NOT THEN THE JOKER BECOMES PRESIDENT . MAYBE SOMETHING WILL GET DONE FOR FEAR OF THE REST GOING TO JAIL ALONG WITH THE BIMBO HILLARY.

  8. Do not wait for election in 2012. IMPEACH OBAMA NOW!

  9. WOW

  10. Harvey Apple says:

    Obama has his lips drooling with “LA RAZA” lipstick.
    Executive Order “AMNESTY”, prior to the 2012 election, to “Tsunami” the illegal alien vote over the citizen vote, is Obama’s “Ace Up The Sleeve” , to secure the Presidency, House, & Senate with 100% Democrats! Hello Mexico! Is this “Obama’s Brown Army!”
    Obama wants all the borders wide open and unprotected, to propel the invasion of these “New Democrats” to torpedo “The Constitution” and secure the death of “Lady Liberty!”
    This is why 0bama is so UnAmerican & Arrogant!
    Obama is protected & sheltered, from “DISCOVERY”, by The Supreme Court!
    Obama is plundering, pulling down, looting, & raping Lady Liberty unchallenged!
    Who is this Obama?
    Where is the demand for Justice & his Impeachment?

  11. YOU WILL BE EXPOSED NOT RE_ELECTED YOU HUGE BONEHEAD!!!!
    DEMAND FOR THIS POS REMOVAL FROM OFFICE AND REMOVAL OF ALL JUSTICES
    OBSTRUCTING DISCOVERY OF THIS POS!!!

  12. Harvey Apple says:

    I can plainly see that Obama is ordering & directing global “STEALTH JIHAD”, with his cheerleader “HlLLARY, from The White House!

  13. Larry C. says:

    Hello,
    Yea get Congress to screw over the American people when I am most likely out of there, and any how I with the help of my CRONIES have already done that.

  14. Go back to Africa you commie.

  15. Vernon Clayson says:

    Obama has taken politics to never imagined before levels of deceit, incompetence, and prevarication, small wonder that he has the attention and affection of the Congress as it opens the doors to riches for them. Greedy and corrupt individuals like Harry Reid and Barney Frank surely praise the fates that placed him, that's as individuals, not as representatives of the people, they don't give a rat's behind about the people. Yesterday Obama said that the public doesn't understand how the treasury works and today said we aren't paying attention; the unmitigated gall of this arrogant profligate, he obviously believes himself so superior he doesn't have to pay attention to us.

  16. Stop! Spending us BROKE!
    NO MORE ICREASES FOR THE DEBT-LIMIT!

    NO more FAKE Stimulus’s

    Quit sending OUR MONEY Overseas!

    Stop OBAMA'S Deficit Increases!
    Stop Obama's Tax Increases!
    Cut the deficit!
    NOW!
    CUT several Trillions! – AND Not only 2 or 4 or 6 or 8 or 10 or 12. NO that’s not enough!
    MUCH MUCH MORE make CUTS, Quit printing, Quit Spending!!
    …NOW!
    Not over decades!
    Immediately!
    OPEN your EARS and Listen!
    Immediately!
    No more Taxes!
    Reduce the Tax Rates!
    Quit Spending!
    Reduce the size of Government!
    OPEN your EARS and Listen!
    Immediately!
    Reduce! STOP! Reduce! STOP!
    Stop! Stop! Stop!
    Stop destroying AMERICA!
    NO more Deficit Increases!
    No more Taxes!
    Quit SPENDING us BROKE!

  17. Ron Alford says:

    That's the only thing the Liberals know how to do.

  18. Could it be a modern day Hitler with Treponema Pallidum ? Hyle O’Hitlerbama

  19. he wont relected i will see to that if he is relected then there are idoits out there.

  20. VIRGINIA says:

    More of the same…stretching the truth of what his real plans are for Americans…..I want him out! This is an outrage!! Mr. Obama doesn't remember half the things he has said and is stumbling over his words to find some self-serving gratification with himself. I just bet LOSER isn't in his dictionary! Get this sucker OUT! I can't believe Americans actually voted this man in….PEOPLE DO YOUR HOMEWORK AND PAY ATTENTION!

  21. OBAMA IS SNEAKY AND UNDER MINNING US THROUGH TALK. IMPEACH HIM OR DEVASTATION WILL BECOME THE LAND.

  22. VIRGINIA says:

    CUT THE CZARS GET ACORN OUT OF IT AND DO AWAY WITH UNIONS AND BRING IN THE RIGHT TO WORK~ TELL OBAMA NO WE WILL NOT ACCEPT MORE OF HIS DESTRUCTION. IT IS TIME TO BRING HIM IN ON CHARGES OF TREASON AND TYRANNY. THEY ARE TRYING TO TAKE AWAY OUR GUN RIGHTS BY BLAMING THE STORES FOR SELLING THEM. WHEN IN ESSENCE THE GOVT GAVE, YES GAVE GUNS TO THE DRUG CARTELS TO KILL MORE AMERICANS. BLOOD IS ON MR OBAMA'S HANDS!

  23. Virginia says:

    Remember when Michelle said, We have just begun to lay the foundation!" The foundation to Socialism that is!

  24. Virginia says:

    What did work is that HE has managed to shut down Middle Class Businesses that keep this country afloat! That is what he means. Michelle has verified in a statement that they have begun to lay the foundation….Socialism and it is working! Of course it's working, along with Soros money and all the power grabs these people are making! They are SICK! I make a nomination that Obama is disturbed and is not in his right mind to be president!

  25. Virginia says:

    If were not allowed to say the truth here then why post??? When this country is hurting and we know it, why try to hide the facts?

  26. If the people of America reelect this dirty, lying, criminal, scumbag to another term, they deserve whatever they get. Everyone has seen and experienced the failed, orwellian, policies of this farce who calls himself a president.

  27. Anonymous says:

    Get this dirty ——- out of our White House…NOW! It’s time to clean house! I’m SICK of him and his anti-American ways!

    • James Loney says:

      Love your comment! You are sure right. I too am so sick of this Communist SOB. BUT lets not forget Ole George Soros an Anti-American SLOB who should be "kicked out" of our country..

  28. Gloria Wedemeyer says:

    Oh, I see he wants to get past the election. What a Chicago thug he is.

  29. outspoken says:

    ANYONE that votes for this ****head deserves the higher taxes that he said he would do once re-elected. HOW STUPID ARE SOME PEOPLE…. to vote in someone who says they are going to raise taxes????

    • Betsy K. Larsen says:

      Well the “anyones” who voted for this POS does deserve what they voted for, but the rest of us sure don’t deserve it. And it is those of us who DID NOT VOTE FOR THIS PEICE OF UGLY FILTH muSLIME would be happy and overjoyed to see the last of him and his butt ugly BUBBLE BUTT OF A TRAITOR GONE! Gone anywhere, and we don’t care where, as long as it is NOT ON AMERICAN SOIL!!!!!!! I’d like to see the bastard HUNG FROM THE HIGHEST TREE IN THE COUNTRY! LEFT THERE TO SWING AND ROT UNTIL THE IDIOTS WHO VOTED FOR HIM GOT THE MESSAGE! The MESSAGE being, VOTE FOR ANOTHER MUSLIME TRATIOR AND THIS IS YOUR FATE!!! I know, I am rather extreme, but right now, the shape of my country, and of my people angers me to the point of extreme anger and extreme words. I do not advocate murdering the bastard, but taking him out by the PEOPLE’S WILL!!!!! And I mean OUT!!!!!! he has done nothing but bring this country to the brink of disaster, and beyond, and with EVIL INTENT!!!! For that, hanging is almost too good for him! If he croaked today, I swear, I’d go buy a bottle of champagne and drink the whole thing!!! No tears for a TRAITOR! No TEARS AND NO REGRETS, no more regrets than he and his bubble butt of a “wife” have for murdering America and American life styles and American Dreams!!! I regret that he was put into office by idiots and fools who only voted for him to prove how UNracist they are, and forgot all the while, that this son of a misbegotten pig dropping was born to a BLACK MAN AND A WHITE WOMAN!!!! WHITE, as in WHITE!!!!!!!! And if you want to vote for a black man dimwits, find a REAL AMERICAN BORN BLACK MAN TO VOTE FOR! EVEN A BLACK WOMAN!!!!! Dimwitted brain dead dumbasses who voted without any thought at all to what the CONSEQUENCES MAY BE FOR US ALL!!!!! Thoughtless idiots!!! You bet I am angry. And why should I not be!!?

  30. This man is a blind as a bat backing into a blizzard! This line of thinking is ludiciss! IF he had to pay what he propses he would think twice about raises the taxes on the people of this nation! This man has GOT to be STOPPED!!! This has GONE WAY TO FAR!!!

    • fordman says:

      We all know Obama is a commie but the republicans in office like to pretend they don't know about this puke. They know he can't be impeached because he is not legal to be president. The only way i can see to get rid of him is to arrest him for the crimes he's done to America and to be tried as a traitor along with the whole justice department and the whole democratic administration.

  31. what an idiot. if it weren't so important it would be laffable. And we paid for this idiots education.

  32. Dream on dingbat dream on.

  33. Robert Briley says:

    It is time to get this socialist out of office!

  34. rose scott says:

    I heard obama tell of all the people who won't get their checks if his plan doesn't pass. I would be willing to bet that foreign aid will not be cut off, including countries that vow to wipe up off the map. ALL of are senators, congressmen and others. should make sure that WE are taken care of first. I am tired of illegal aliens,bribes, payoffs, criminals, and people who hate us getting our tax money. We should take care of our own, including our veterans and older people who really need help. Without our tax money, they would have nothing to spend, but that doesn't seem to register with any of them.

  35. Robert Poliblog says:

    This foreigner Obama has actually hi-jacked the the general liberal mindset that has existed in The U S for many years. Now liberals are so cought up in this us and them mantality, that it doesn't really matter what Obama does or how outrageous it may be or how destructive to the American system that even allows for a freely spoken liberal view point, it matters not because now all the liberals feel their side is losing if they speak up against any Obama behavior what so ever. It is obvious already that what Obama is doing is way way far beyond the typical american general liberal view point that has been around for years. Todays liberals feel they are some type of traitor to question Obama. What they are is some type of fool. We will all lose everything if Obama is re-elected. I can even visualize realistically martial law in all large cities. This is serious folks. You liberals better wake up. This fool is n ot even elligible either. OMG Help Us!

  36. paul farmer says:

    obama is a carl marks musland,he knows what he is doing.his intent is to distroy america'.

  37. The Pirate says:

    those who voted him in are going to REAP what they have SOWED !!! Make Him WALK the PLANk,in South America; an,d PRAY for an ANACONDA SNAKE… or we could put on Air Force ONE, go to 35,000 feet and push him out; NO PARACHUTES………He would make quite SPLASH on BROADWAY!!! What's YOUR PLEASURE ????

  38. This man is full of himself and believes that all Americans are equally as stupid as he is! Watch some videos on History International about Germany in the early 30's and you will see your future played out in the past. Hitler was so loved in the early campaigning years, till the complacent got what they voted for! Wake Up America,this Idiot is leading us down a path to Socialism,Tyranny & Ultimately (Destruction!)

  39. OBAMA SPEACH THIS WEEK, WAS SOCIAL SECURITY MONEYS AND 70 MILLIOM AMERICANS WOULD NOT BE A PART OF THIS NEGOTATION PACKAGE WITH REPUBLICIANS THE SS WERE SAFE;

    THIS MORNING NEWS SAID " AMERICANS MAKE NOT GET THEIR SOCIAL SECURITY CHECK BY AUGUST 3, WE HAVEN'T COME TO AN AGREEMENT YET" ITS LIE AFTER LIE, LEAVE THE SICK AND OLD PEOPLE THAT HAS ALREADY PAID THEIR PRICE FOR FREEDOM, OUT OF THIS MESS, OBAMA, EITHER FIX IT OR GET OUT TODAY, GO AHEAD AND RESIGN ON YOUR OWN, DO THE "RIGHT" THING.

  40. Joanneo says:

    Obama thinks we are stupid, I think he is an idiot. He knows how to spend other peoples money, how to destroy the USA , and he is doing a good job of that. He's a con artist can smile lie and make people believe he's going to make them rich..and some of those people are still waiting. What a rude awakening they will have if he succeeds.The stupid people are one group he wants to eliminate when he becomes dictator. I belong to the older group, where do you come in?? .

  41. michele says:

    Who is Barry Soetoro? Look up Philip J Berg,Obama Crimes.com

  42. DON'T PISS DOWN MY BACK AND THEN TELL ME IT'S RAINING!!!

  43. Dem4Life says:

    WOW, IS ALL I CAN SAY!
    I read some of the post here and I can't believe how misinformed some of you are or just down right racist about the fact that we have a Black President in the WHITE house. Look at the facts. This President is the most intelligent President we've had in the last 2 generations, he's spent his whole life helping those less fortunate before becoming President when he could have easily chased after the big money with his educational achievements and background. Everything he's done and have tried to do since becoming President has been to better the lives of those less represented: Older People, Children, Those in need of health care, and so on.
    (((STOP WATCHING FOX NEWS))) and check the facts about what he's done!
    But here's the real kicker, all of you so called republicans that make less than $250k a year, and are not business owners the republican party DON'T GIVE A DAMN ABOUT YOU! You are not their base or concern. Look at everything there doing and blocking in congress it's all geared towards the rich all their cuts come on the backs of the poor and elderly but the rich get to keep all their tax loopholes (which we can't take) there subsidies (which we don't get).
    Reading these post it's clear most of you don't make over $250k and you're attacking the guy and the party that's trying to take care of you. (((PAY ATTENTION TO WHAT'S REALLY GOING ON!)))

  44. Accountants says:

    I think that the Mr. Obama makes the new tax plans with the tax hikes for the “millionaires and billionaires”.
    That should definitely affects their yearly turnover.
    Accountants Birmingham

  45. I think changes in tax plan is effect not to moderate income people but rich people its good decision

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