Bogus Obama Math

Listen carefully.

Did you hear that Obama administration talking point? We can’t afford the $700 billion to extend the Bush tax cuts for the “wealthiest Americans”. But we really want to extend the “middle class” tax cuts.

Let’s do some math.

Bush tax cuts: What you need to know

What’s at stake for the deficit?

Treasury estimates the costs of making the tax cuts permanent for everyone is $3.7 trillion over 10 years.

Of that, $3 trillion accounts for the cost of extending them for the vast majority of Americans, as the president has proposed. The remaining $700 billion is the cost of extending them permanently for the high-income earners.

Um, so, we can afford $3 trillion, but not $3.7 trillion, according to Obama math. If we can’t afford the $700 billion for the tax cuts for the “rich” in the first place, where is Obama going to come up with the $3 trillion for the “middle class” tax cuts he loves so much and why is no one asking this question? What bull[expletive deleted]!

See also:
Obama: Republicans playing games with tax cuts
No time to play ‘games’ with tax cuts, Obama says
Obama Blasts GOP on Tax Cut Issue
Tax Cut Battle
Democrats divided over tax hikes
Moderate House Democrats Push for Vote on Extending All Bush Tax Cuts
More House Democrats call for tax cuts for all
Another Democrat Says Extend ALL Bush Tax Cuts
WHIP COUNT: Democrats in favor of extending all of the Bush tax cuts
Change: Pelosi Hints She’s Open To Full Tax Cut Extension

Obama is such a dishonest douche bag. He has no problem borrowing $3 trillion to play political class warfare ahead of the midterm election, but then he can’t seem to borrow the extra $700 billion to extend the tax cuts to those evil “rich” people, you know, the people who actually create most of the jobs in our economy.

/it’s real simple, with the country already over $14 trillion in debt, either we can afford all the tax cut extensions or we can’t afford any of them