“The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.”
No, the above quote wasn’t Ronald Reagan in 1981. It was Barack Obama in 2009, telling America that raising taxes was not the way to reduce the 7.8 percent unemployment rate he inherited from George W. Bush. Now, with unemployment at 8.2 percent, Obama is calling for multiple tax increases on precisely the income groups that are most likely to invest in business expansion and job creation.
Anyone who wants to study the tricks of propaganda rhetoric has a rich source of examples in the statements of President Barack Obama. On Monday, July 9th, for example, he said that Republicans "believe that prosperity comes from the top down, so that if we spend trillions more on tax cuts for the wealthiest Americans, that that will somehow unleash jobs and economic growth."
After 35 years of research, I can state without equivocation that the prime mover responsible for the change in primary reading instruction, which has led to the decline in literacy in America, was none other than John Dewey, who is usually worshiped by liberals as the "father of progressive education."
On Friday, July 5, for about 90 minutes, I debated with “the Son of Man” — the leader of the New Nation of Islam — on his Detroit radio and television broadcasts about the Affordable Health Care Act, i.e., ObamaCare.
When President Obama boasts of the number of jobs created during his administration, the numbers he cites may be correct, but he doesn't count the other jobs that were lost during his administration. His critics cite the latter. Both can claim to be right because they are talking about different things.
What has been the net effect? During this administration, the proportion of the working age population that has a job has fallen to the lowest level in decades. The official unemployment rate does not count the millions of people who have simply given up looking for a job.