Obama: Win = Mandate to Raise Taxes
posted at 5:56 pm on October 29, 2012 by Guy Benson
Via NRO, from Morning Joe:
“If I’ve won, then I believe that’s a mandate for [purportedly reducing the deficit] in a balanced way. We’ve already made a trillion dollars’ worth of cuts. We can do some more cuts. We can look at how we deal with the healthcare costs, in particular under Medicare and Medicaid in a serious way. But we are going to also need some revenue.”
He doesn’t use the word “taxes,” natch, opting instead for the now-familiar platitudes of “balance” and “revenues” — but his message is unmistakable. If the president wins re-election, he believes he’ll have the winds of public opinion at his back to hike taxes on nearly a million small businesses, resulting in an estimated loss of 700,000 American jobs. Just what the doctor ordered for this economy, yes sir. He also mentions in passing that perhaps he’ll “look at” entitlement fixes in a second term. A sense of what that plan might might look like certainly would be helpful to voters. Alas, those details didn’t make the glossy brochure.
UPDATE – Since the clip was auto-playing for some reason, I’ve removed it from the post. Follow the link above for video.