You will recall that during the campaign in 2008 you heard Obama repeatedly say he would not raise taxes on those making less than $250k a year. The media dutifully repeated this phrase for him any and everywhere they could.
Feb. 11 (Bloomberg) -- President Barack Obama said he is “agnostic” about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit.
Obama, in a Feb. 9 Oval Office interview, said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs such as Social Security and Medicare.
“The whole point of it is to make sure that all ideas are on the table,” the president said in the interview with Bloomberg BusinessWeek, which will appear on newsstands Friday. “So what I want to do is to be completely agnostic, in terms of solutions.”
“What I can’t do is to set the thing up where a whole bunch of things are off the table,” Obama said. “Some would say we can’t look at entitlements. There are going to be some that say we can’t look at taxes, and pretty soon, you just can’t solve the problem.”
“Agnostic” is a sly way of saying he is open minded to raising taxes on those Hope Dopes making less than $250k. Anyone with half a brain who has been keeping track of the spending and spending proposals would know there simply isn’t enough money in the $250k+ crowd to pay for everything.
You will also recall that just the other day, the administration had Reuters pull a story about Obama raising taxes on the middle class. It may very well be that the story was pulled because it was an early warning of the truth.
So again we ask “how's that Hopey Changey stuff working out for ya”?
Via: Business Week