Barack Obama Says he Might Delay Rescinding Bush Tax Cuts

 One of the biggest issues that Barack Obama has campaigned on is rescinding the Bush tax cuts. Now however he seems to be wavering on this promise. He now claims that he might have to delay his promise based on the economy.

“I think we’ve got to take a look and see where the economy is. I mean, the economy is weak right now,” Obama said on “This Week” on ABC. “The news with Freddie Mac and Fannie Mae, I think, along with the unemployment numbers, indicates that we’re fragile.”

 This is a stunning confession to me and I don’t mean the fact that Barack Obama is already talking about breaking a campaign promise. What I am referring to is the fact that this is an admission that raising taxes hurts the economy. That is something that Democrats ignore publicly while trying to insight class warfare and jealousy. It begs me to ask the question, if raising taxes is bad for the economy than how can it ever be a good idea to raise taxes, even in a good economy? Won’t raising taxes in a good economy begin to slow the economy? The answer is yes.

 Obama went on to say he will still cut taxes on the middle class:

“Even if we’re still in a recession, I’m going to go through with my tax cuts,” Obama said. “That’s my priority.”

 Okay, let’s pretend for a minute that Barack Obama really did plan to cut taxes on the middle class. How can he be taken at his word after he has just come out and admitted that he may have to delay rescinding the Bush tax cuts that he claims were only for the wealthy? But that isn’t what I wanted to focus on in that sentence. I wanted to focus on the blatant distortion of the economy in his statement. He claims if the economy is “still in a recession” he will still go ahead with middle class tax cuts. But the problem is that while the economy is slowing down we are not in a recession. There is a definition of recession and it is as follows; an extended decline in general business activity, typically two consecutive quarters of falling real gross national product. That has not happened.

 Barack Obama is using that word purposely to mislead the American people about the economy. As I said before the economy has slowed but that doesn’t have the impact with the voters as the word recession does. So Barack Obama is out there throwing this word around to spread fear in the minds of the voters in order to gain votes.