I don’t what I did to deserve this idiot as my Representative to Congress. Here’s his latest lie-filled drivel:
More than two and a half years after the Obama Administration’s trillion dollar “stimulus” package, the Department of Labor reported that the unemployment rate remains unchanged this month at 9.1 percent. Yet, the Administration continues to undermine job creation with the triple threat of higher taxes, excessive regulation and more “stimulus” spending. I remain committed to fight for an economic environment that encourages job creation. This week the House passed legislation which will halt a new, costly, job destroying regulation issued by the Environment Protection Agency (EPA). The press release is included below. It is the ingenuity of America’s people that drive the private sector and create jobs. It is America’s people that makes us great, not government.
Let’s take this one at a time.
Are you kidding me? The Obama administration has repeatedly CUT taxes. Again and again and again, often to the chagrin of many of us on the left. Taxes cut for businesses. Taxes cut for individuals. Bush tax cuts for the uber-wealthy kept in place.
If Congress passes the latest set of President Barack Obama’s proposed tax cuts, his total will rise to well more than $1.1 trillion, or nearly two percent of GDP and close to double the size of the tax cuts enacted in President George W. Bush’s first term.
In just half of his first term, Obama has already cut taxes more than Bush did over his entire first term but the Democrat’s tax cuts are much more targeted at the middle class.
And looky here:
All told, the Recovery Act included $243 billion worth of tax cuts through 2012.
Nearly two years after signing his first big tax cut bill into law, President Obama completely outdid himself by signing the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, commonly known as the December 2010 tax deal. The biggest element of the December deal was the extension, for two additional years, of all the Bush tax cuts and alternative minimum tax relief, at a two-year combined cost of more than $400 billion.
In addition, the deal extended a variety of business tax cuts and incentives, which reduced revenues by some $150 billion, and it cut the estate tax—a tax paid by only a very few super-wealthy, massive estates—by $65 billion. The December tax bill also cut the payroll tax paid by employees by 2 percentage points, delivering more than $110 billion in tax cuts to working Americans.
Put it all together, and in one fell swoop, President Obama cut taxes by $654 billion in 2011 and 2012 alone. In other words, with this bill President Obama cut taxes by more, in raw dollar amounts, in just half of his term than George W. Bush did over his full first term.
In other words, Tim Walberg is a liar.
Really? That’s what holding us back? Uhhhh… NO!
Surveys from major news outlets, including conservative institutions like the Wall Street Journal, and the National Federation of Independent Business found the same thing: the private sector is concerned about customers and demand, not regulations.
Bruce [Bartlett] concluded, “In my opinion, regulatory uncertainty is a canard invented by Republicans that allows them to use current economic problems to pursue an agenda supported by the business community year in and year out. In other words, it is a simple case of political opportunism, not a serious effort to deal with high unemployment.”
In case you’re wondering if Bruce Bartlett is some sort of left-wing commie pinko, he’s not. He held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul.
In other words, Tim Walberg is a liar.
More stimulus spending?
Yes! Every economist worth his salt knows we need to jump start this economy. If we don’t stimulate demand, the companies sitting on trillions of dollars — sitting on the sidelines not hiring — will not get in the game. We need to prime the pump and everyone but the Republicans knows it.
In one year, I will be working my heart out to replace this poor excuse of a lawmaker. Spewing Republican talking points probably pleases his tea party followers but the rest of us are waiting for him and his colleagues to stop playing games and politics and actually do something to fix this mess.
I’m not holding my breath