Author Topic: Comic relief from chuckle schumer  (Read 15 times)

Offline Woody

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Comic relief from chuckle schumer
« on: July 19, 2012, 03:35:46 pm »

Following the press conference, THE WEEKLY STANDARD posed the same question to Democratic senator Chuck Schumer of New York. Schumer dismissed it as a "silly question" because the tax rates are "expiring now." But when another reporter pressed him to explain why Democrats agreed in 2010 to extend all current tax rates, Schumer said it was important then to keep tax rates the same to stimulate the economy.  QUESTION: Two years ago, the polls ... supported raising taxes on the wealthy and you guys didn't do it. You wound up making a compromise. What's different now?
SCHUMER: Well, some of us, ah, the difference is the president believed he needed the tax issue to get some stimulation into the economy because the economy was flat.</blockquote>In 2010, President Obama explained his opposition to raising taxes, saying, "I am just listening to the consensus among people who know the economy best. And what they will say is that if you either increased taxes or significantly lowered spending when the economy remains somewhat fragile, that that would have a destimulative effect and [color=rgb(72, 95, 114) !important]potentially you'd see a lot of folks losing business, more folks potentially losing jobs[/color]. That would be a mistake when the economy has not fully taken off."
A reporter asked Schumer today: "And does the economy not need that [stimulus] now though? We're still kind of in a sluggish economy.""Listen, we've been trying," Schumer replied. "You heard my questioning with Bernanke. I believe that we have to stimulate the economy. Chairman Bernanke would prefer that that be done on the fiscal side. But we're gridlocked on the fiscal side. When we proposed tax cuts for small business that they have always supported and they vote no, you know that the only hope is whatever effect monetary policy can have."



http://www.weeklystandard.com/blogs/reid-cant-explain-why-dems-didnt-raise-taxes-when-they-had-chance_648760.html


For the record chuckle the economy is as "sluggish" now as it was in 2010 and 2009 when you had a true super majority in the senate.  The reason you did not raise taxes is because you morons are afraid of losing elections.
« Last Edit: July 19, 2012, 03:37:44 pm by Woody »
A reminder for kentay:
I fully support going back to ALL, that says ALL THE CLINTON TAX and spend policies that led to the economic boom in the second half of the 90's.

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