In the “now they tell us” file, add a vast array of reports that have come out since the election showing just how weak the economy really is. Looks like the president will need a new scapegoat soon.
Obama keeps saying that his top priority for his second term is jobs and growth, but the only thing he’s pushed since his re-election is a massive tax hike on the so-called rich.
That’s despite the fact that Obama knows these tax hikes will hurt economic growth. He admitted as much in 2010, when he extended the Bush tax rates, citing the harm a tax hike would cause a weak economy. And now, thanks to an Ernst & Young study, we know that Obama’s tax hikes will kill 710,000 jobs.
Obama got re-elected largely by blaming Bush for everything bad that happened during his first term. So who’s he going to blame now?
Perhaps it would best in the long run for the Republicans to let Barry take the country over the cliff sooner than later.