A Quote by Jay Leno
In Greece, the unemployment rate has risen to 22%. The solution to the problem was to raise taxes on the rich, according to the Greek president Barack Obama-opolis.
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The economy is better than the one President [Barack] Obama inherited, and unemployment is lower, but the unemployment rate gap remains large.
With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.
I think President Barack Obama is going to be treated very, very well by history in terms of his ability to save the economy. And that's certainly true in rural areas. The unemployment rate is substantially reduced, the poverty rate is down, and in large part because of the investments that were made during the Recovery Act and thereafter, historic investments.
President Obama is perhaps the most ideologically-motivated president in American history. But according to the ultimate authority, Barack Obama, he's a mere pragmatist.
President Obama's proposal to raise the top rate to 39 percent is equal to the rate under President Clinton in the 1990s when Wall Street reached record high levels and the economy produced lots of jobs.
We've seen tremendous progress in many ways under President [Barack] Obama. I mean, if we think about where the economy was when he got in - you know, we were losing more than 700,000 jobs a month. The unemployment rate was skyrocketing. And now it's at under 5 percent, so there is a lot of progress that has happened.
Well, the taxes that everyone else is paying are supporting lots of programs that were in place prior to Barack Obama's new spending. So new spending has too be paid for by new taxes, or by eliminating existing tax breaks. And Obama wants that burden to be borne exclusively by the rich.
This is part of the president's problem. Where's Barack Obama been when the crime rate and the murder rate in Chicago has gone up in 18 percent? Where has he been when the murder rate in New York is up 11 percent? Instead he and liberals like Bill de Blasio and Rahm Emanuel and others, what they're doing is not supporting the police departments, not making sure that they're being supported, and they're letting them do their jobs. And so we have criminals who have easy access to guns.
President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.
The problem isn't a Congress that won't cut spending or a president who won't raise taxes. The problem is an American public with a bottomless sense of entitlement to federal money.
Interpreting anyone's marriage - a neighbor's, let alone the president's - is extremely difficult. And yet, examining the first couple's relationship - their negotiations of public and private life, of conflicts and compromises - offers hints about Barack Obama the president, not just Barack Obama the husband.
Barack Obama is the president of the United States of America. More specifically, Barack Obama is the president of a congenitally racist country, erected upon the plunder of life, liberty, labor, and land. This plunder has not been exclusive to black people. - Ta
When you say the tax system benefits the rich, there are a lot of people who respond, "That can't be true, look at the rate of tax. The people who are rich pay a higher rate than you or I." Well, yeah, but if you don't have to pay taxes on a lot of your income, then your real tax rate is a lot lower. And if you're allowed to pay your taxes thirty years from now instead of today then you're a lot better off. People need to have a sophisticated understanding of how the system works to appreciate that the posted tax rate really has very little to do with the taxes people pay.
Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.
You can raise taxes on the rich in America! We should raise taxes on the rich in America. But we can't do that in Rhode Island.
My dad died when I was young. He was a good and decent man. There are a few things he would say that have just always stuck with me. He'd say, "Son, you're either part of the problem or part of the solution." Well, regrettably, President Obama has become part of the problem, and Mitt Romney is the solution.
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