The American people, especially working people just got raped by the fiscal cliff agreement. Obama had the nerve to make a video saying what he’s doing to protect the middle class, even though he just increased taxes on 77% of working Americans. Obama signed into legislation the biggest tax increase in history, after getting the Supreme Court approval for the other biggest tax increase in history (Obamacare).
He did give millions on unemployment another year’s vacation, and gave away billions to his friends and the banksters. More spending, an additional $4 trillion of debt, and more taxes for people trying to work for a living. We’re screwed.
Watch the video, if you can stand it, so see what a lying hypocrite our President is. The facts are presented below.
The American People are the Big Losers In The Cliff Deal
Submitted by George Washington on 01/03/2013
The “fiscal cliff” deal will raise taxes for 77% of the American public.
It will add $4 trillion dollars to the deficit over the next 10 years.
It will create a drag on the economy equal to 1% of the gross domestic product.
It creates uncertainty in the following areas:
A) the debt limit, B) the sequestered amounts, C) cuts in entitlement spending, D) additional taxes and don’t forget E) the President needs another Continuing Resolution (CR) to keep the lights on.
Blackrock’s Larry Fink is correct when he says:
The American People are the Big Losers In The Cliff Deal.
Who benefits? The deal gives Puerto Rican rum makers, Nascar, banks like Goldman Sachs, and General Electric and other big companies tax subsidies. History repeats again and again.
The entire “fiscal cliff” is a ruse to fleece the people. Once again, the government has pimped us out.
Obama: We raised taxes, but the rich still aren’t paying their fair share
January 2, 2013
video is here:
President Obama cut a video, distributed by his reelection, to reiterate his belief that the wealthiest Americans still aren’t paying their “fair share” of taxes and to outline a second-term agenda ranging from environmental policy to gun control.
Obama started by celebrating the tax increases — “making our tax code more progressive than it’s been in decades,” he said — that will take place because of the fiscal cliff deal.
“Obviously, there is still more to do when it comes to reducing our debt,” Obama said in the video. “And I’m willing to do more, as long as we do it in a balanced way that doesn’t put all the burden on seniors or students or middle class families, but also asks the wealthiest Americans to contribute and pay their fair share.”
Obama, who is vacationing in Hawaii, cut the video for his campaign list. “President Obama recorded a video to update supporters like you on what’s in the agreement and what it means for you,” Obama for America campaign manager Jim Messina said in an email today. “As we address our ongoing fiscal challenges, the President will do exactly what he said he would on the campaign trail — working for the middle class and all those fighting to get into it, and building an economy from the middle out, not the top down.”
And the president made clear that he’s trying to keep his campaign base mobilized. “I know many of you devoted much of this year to our campaign — and I want you to know how grateful I am for that,” Obama told his campaign. “But I hope you stay involved, because just like four years ago, winning an election won’t bring about the change we seek on it’s own. It only gives us the chance to make that change. What we fought for in 2012, we’ve got to fight just as hard for in 2013.”
Lying sack of shit.