Let’s take a journey way back to 2009. It was a time when people talked a great deal about hope and change and the naïve masses believed that the new, slick-talking president might somehow pull us out of a recession by spending money we didn’t have to fund government inefficiency and industries that were scams.
Thanks to YouTube, we can go back to the day when Obama tried to talk his way out of a tough question by claiming that, “The last thing you want to do is raise taxes in the middle of a recession.”
Well, here we are in 2012, still in a recession; and what does President Obama want to do? If you guessed raise taxes, give yourself a gold star.
In response to a question about the stupidity of raising taxes in a recession, Obama stated,
“First of all, he’s right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we’ve instead cut taxes. So I guess what I’d say to Scott is – his economics are right. You don’t raise taxes in a recession. We haven’t raised taxes in a recession.
We have not proposed a tax hike for the wealthy that would take effect in the middle of a recession. Even the proposals that have come out of congress which, by the way, were different than the ones I put forward, still wouldn’t kick in until after the recession was over.
So the last thing you want to do is raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.”
Your first answer was the correct one, Barry. Stick with it.