Obama can’t make his mind up. For a year he has been screaming for “millionaires,” those who make $250,000/year, to “pay their fair share.” Obama clearly doesn’t know that earning $250,000 per year doesn’t make you a millionaire…unless you’re a member of Congress. The man is a schizophrenic and someone should ask to see his medical records. This is just another meaningless photo-op for Obama.
President Obama made a fresh call Tuesday for another round of economic stimulus, proposing to spend more than $25 billion to offer tax breaks to companies to hire workers or pay them higher salaries.
How did that first $800 billion stimulus stimulate the economy?
The measure is Obama’s first proposal aimed at addressing the still-weak economy since his reelection and an acknowledgment that though it is no longer a political threat, the nation’s unemployment rate of 7.9 percent remains a significant problem.
Yet, 46 million plus idiots gave him a 2nd shot to continue destroying the economy and giving out freebies.
The tax breaks would target small businesses and refund 10 percent of the cost of new payroll — in the form of new hiring or new wages — up to a total of $500,000 next year.
Want this grow the deficit Obama is currently negotiating? Amazing that some fall for this bullshit.
“This credit would help nearly 2 million small businesses and is focused on middle-class workers and small businesses,” officials said in a statement.
The proposal appeared in the president’s February 2013 budget request this year and, at a cost of about $30 billion, was rejected by Republicans. It appeared anew in a statement released early Tuesday calling on Congress to immediately extend tax cuts for middle-class earners that are set to expire at the end of the year.
Notice WaPo is using the “obstructionist” meme by the White House? Democrats in the House & Senate wouldn’t give Obama’s 2013 budget a single vote but reporting that would go against the White House talking points.
Obama is scheduled to gather with more than a dozen small-business owners Tuesday at the White House as part of a campaign to pressure Republicans to embrace his policies.
Just another photo-op. How long has it been since Obama has met with his “jobs council” that he put together?
The small-business tax-break idea is significant because it is the first time since the election that the president has specifically come out for a new policy that would seek to provide additional government support for the economy next year.
How has all that government support worked out? Obama spends close to $6 trillion as the Federal Reserve prints trillions to buy Obama debt while at the same time seeing unemployment, long-term unemployment, poverty and food stamp usage hit record highs. Throwing money at the problem never solves the problem that why liberalism is a disease.