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Thursday, February 11, 2010

Obama: Tax Increase On Middle Class Possible


Click here: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

Here is my favorite part:

“Our real problem is not the spike in spending last year, or the lost, even the lost revenues last year, as significant as those are,” he said. “The real problem has to do with the fact that there is a just a mismatch between the amount of money coming in and the amount of money going out. And that is going to require some big, tough choices that, so far, the political system has been unable to deal with.”

Really? The real problem is there is a mismatch between what is coming in and what is coming out? DUH! And they try to say this guy is intelligent.

1 comment:

Writer X said...

This is definitely his "read my lips" moment.