Wednesday, September 10, 2008

Obama Flips on Bush Tax Cuts, Acknowledging They Are Right For Economy

Gee, I guess the economics expertise is off the table now, as Barry Obama has now basically conceded it to the GOP. He has said he would delay rescinding the Bush tax cuts if the economy is lagging if/when he would begin his administration:
Democrat Barack Obama says he would delay rescinding President Bush’s tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.

Allow me to present the flip floppiness in context:
STATEMENT: "It is true that I would roll back the Bush tax cuts on the wealthiest Americans back to the level they were under Bill Clinton, when I don't remember rich people feeling oppressed." April 27, 2008.

September 7, 2008:

Democrat Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy…

What about increasing taxes on the wealthy?

"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."




What's that I hear? More buyer's remorse? He flips and flops, who is this guy? Who is the real Barry Obama? BOOHOO...OUCH.