A remarkable little news item from Bloomberg wherein the President swears he will keep his campain pledge not to raise taxes "on working families." I'll post what he said then interpret the doublespeak for you.
“If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes.” Interpretation: This depends on the exact meaning of the word "robust" which I myself will define since I'm the President and can do whatever I want.
“I’m confident that we don’t have to raise taxes on ordinary working families,” he said. Interpretation: If we DO have to raise taxes (which we will), I will simply say that Congress is begging me to do it, and despite my personal preference, I will yield to the will of the people.
He also repeated his promise to cut the budget deficit, forecast to hit $1.8 trillion this year, in half by the end of his first term. Interpretation: Who cares whether this actually happens, four years is a long time and no one will remember any of my promises.
But they that wait upon the Lord shall renew their strength. They shall mount up with wings as eagles. They shall run and not be weary. They shall walk and not faint. Isaiah 40.31
Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts
Thursday, June 18, 2009
Thursday, July 17, 2008
The Children are in Control in California
Problem: You are 15 billion in the hole with your budget. Solution: Raise taxes and drive as many people as possible out of the state that you can. Yeah. That should work pretty well.
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