The missing facts in President Obama’s news conference

[Casino67]

Washington Post:

“The tax cuts I'm proposing we get rid of are tax breaks for millionaires and billionaires, tax breaks for oil companies and hedge fund managers and corporate jet owners.”

— President Obama, June 29, 2011

A feisty President Obama met with reporters Wednesday — a sure sign that the dispute over the debt limit has reached a critical stage.

The president, clearly intending to increase pressure on the GOP, lambasted Republicans for, in his words, refusing to get rid of “tax breaks for millionaires and billionaires” before cutting aid to the less well-off. He also addressed questions on Libya.

Let’s parse some of his answers and explain what he means — and how factual he was.

“The tax cuts I'm proposing we get rid of are tax breaks for millionaires and billionaires, tax breaks for oil companies and hedge fund managers and corporate jet owner. . . . Before we ask our seniors to pay more for health care, before we cut our children's education, before we sacrifice our commitment to the research and innovation that will help create more jobs in the economy, I think it's only fair to ask an oil company or a corporate jet owner that has done so well to give up that tax break that no other business enjoys.”


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Has the WaPo ever fact checked this dick before? I can't remember.

[Pepper]

Zero now wants to raise the debt limit which he voted against five years ago.

 

White House: Obama Vote Against Raising Debt Limit a 'Mistake'

 

Read more: http://www.foxnews.com/politics/2011/04/11/geithner-warns-nation-hit-debt-limit-deadline-mid/#ixzz1QmcIVSDy

 

President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit

[Casino67]

Zero now wants to raise the debt limit which he voted against five years ago.

 

White House: Obama Vote Against Raising Debt Limit a 'Mistake'

 

Read more: http://www.foxnews.com/politics/2011/04/11/geithner-warns-nation-hit-debt-limit-deadline-mid/#ixzz1QmcIVSDy

 

President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit

 

He regrets not voting 'present' on that one.

[Argyle58]

The accelerated depreciation for corporate jets that he wishes to kill was a part of his "stimulus" package, and was responsible for a 40% increase in the sale of these aircraft, putting THOUSANDS of people to work. One of the few successes from this piece of legislation.

 

Increasing taxes on oil companies will not hurt the oil companies. Obama thinks we are too stupid to figure out that the cost will be placed on the consumer, that would be US, and will hurt the lower and middle classes much more than any "corporate fatcat".

 

Corporations don't pay taxes, and anyone who thinks that they do has no business sitting in any government position that requires decisions in economics. To a business, taxes are merely a cost of doing business, a cost that is passed on to the consumer through the prices they pay for goods and services received.

[Pepper]

Casino67

You are correct. Whenever he is asked to make a decision, he decides poorly.

[Casino67]

Casino67

You are correct. Whenever he is asked to make a decision, he decides poorly.

 

I firmly believe, correctly or not, that one of his problems is that he has surrounded himself with politicians. I can't think of anyone who could be described as a 'statesman'. Of course, politicians are needed when one is constantly campaigning.