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Dec. 17, 2010 - Rush Limbaugh Program
34:40
December 17, 2010, Friday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Ah, darn it.
Does this mean there's not gonna be a government shutdown?
That's the only thing I really wanted for Christmas.
I got everything else.
My Christmas is giving stuff.
All I wanted was a government shutdown.
Now the heck with it all.
Live from the Southern Command in Sunny South Florida.
It's open line Friday.
Great to have you here, ladies and gentlemen.
Open Line Friday, one of the potentially dullest days of the week.
And uh I mean, there have been some of these open line Fridays that have bombed big time.
Well, one in recent memory.
Oh, November 12th, you know the date.
It was it was that bad.
November 12th.
Oh, we ought to, you know, we ought to replay as a best of show November 12th, the bomb, to show how bad it's what a career risk open line Friday is that even I, El Rushbo, am willing to risk.
Uh what actually happened on November 12th, our staff has it marked on the calendar.
Well, I'm not gonna say that.
Just that the whole thing where you can't separate the ingredients of the whole thing was a bomb.
And it uh, you know, every open line Friday can be a bomb.
You just never know.
Anyway, we're uh we're happy you're here.
We're happy to be here.
Uh telephone number if you want to be on the program 800-282-2882, email address L Rushbow at EIBNet.com.
Let me tell if you're gonna waste time watching the Sunday shows, let me tell you right now what the theme is gonna be.
Obama the comeback kid.
Obama, what a brilliant guy.
Obama, he took the Republicans to the cleaners.
Obama came back from a disastrous November elections and now totally owns the agenda, totally owns the next two years.
Obama has the Republicans in situations they don't even know how bad the situation is for him.
I mean, depending on what you watched last night on television, depending on what you read today, that's the standard template inside the beltway.
Obama big snookered the Republicans so bad the Republicans still don't even know quite what happened to him.
I'm not kidding.
I I have been amused reading all of this stuff, some of the stuff I heard uh last night on television too.
Uh, and I I have, as you might imagine, uh, ladies and gentlemen, an entirely different take.
Now, granted, the uh the tax deal, this is an Obama Zag.
One things I love is Obama's triangulating.
He's no more triangulating than I'm becoming a moderate.
There's no way Obama's ever gonna become a moderate.
He's pretending this this is and I I want to tell you folks, this is I may be a lone wolf on this.
In any talk of an Obama win, how can you leave out the fact that Obama and the Democrats lost humiliatingly big in the omnibus?
That was, folks, that was the big thing.
That's what they wanted.
That was hijacking the government for a year.
That was obviating the entire election.
If they were able to get that omnibus spending bill, in other words, if they were able to hijack and write in two days the entire budget for next year that had, you know, 2,000 pages.
If they'd gotten that, this would have been funereal today.
But that that was a huge defeat, and not just for Harry Reed.
That was a you know, as I look at this, I mean the tax deal is what it is, and there's plenty of bad stuff in it, and I still would have opposed doing it.
I think we I think we owned everything.
We we could have had everything we wanted waiting three weeks.
We could have had tax cuts, Obama wouldn't dare veto it.
Uh but for whatever reason, I mean, there's no reason to have ethanol subsidies in there.
There's no reason for any of this.
But it is what it is.
But to me, this tax deal, I actually think as I look at this, it might have been a head fake all along to get people distracted while the omnibus was taking place over there.
And I really do believe, and of course, many people's eyes, I am the wizard of smart.
I'm not recognized as such inside the beltway because I'm not there.
I'm recognized as an entertainer.
But I I believe that the omnibus, this spending bill, by the way, written by Daniel in no way.
We found out this thing was written in February.
That's how long they had the strategy.
They knew they were going to get shellacked in the November elections.
They were, they were the indications were all last year they were going to lose.
So they start writing the omnibus spending bill, 2,000 pages in February.
Senator Inno Way from Hawaii with a primary architect and author of it, but everybody got their hands on it.
And they even, as Kimberly Strassel in the Wall Street Journal points out today, the earmarks in this bill were old Republican earmarks, not new ones.
They were Republican earmarks from earlier in the year.
And one of the reasons why nobody wanted anybody to read the bill was to find out how old the Republican earmarks were, long before any talk of banning them, promises to ban them had ever even begun.
But the thing went down because McConnell, somebody was able to get to these wayward Republican rhinos and read them the what for riot act.
And at the end of the day, the Republicans stayed unified, and that is the blueprint for defeating Obamaism of the Democrats from here on out.
I know Mr. Krauthammer has a piece on Obama, the new comeback kid, how he's outsmarted everybody here, has taken the, the, What was one of the worst humiliating defeats in presidential history in the midterms and turned it into now where he's totally setting the agenda, running the show.
USA Today political rebound, Obama sets up as new comeback kid.
Sorry, folks, I don't buy it.
I don't think the American people are as the what's the way to put this.
They're informed and they're engaged.
I just don't think they look at this the way inside the beltwave people did.
The American people are not sitting there judging who's outsmarted who and who's smarter here and who's smarter there and so forth.
They're looking at at brass tax nuts and bolts.
And in just in sheer size, the tax deal, whatever's wrong with it, pales in comparison.
There is no $800 billion cost in this bill.
As it continues to be reported, tax rates staying the same is not an increased cost to anybody.
There's no $800 billion cost.
This tax bill pales in comparison to the size of the omnibus spending bill.
That was 1.1 to 1.3 trillion dollars, and it had all kinds of destructive, ruinous stuff in it, and it has been defeated, and make no mistake Obama wanted it as badly as the tax deal.
To say that he was detached from it, that he had nothing to do with it, that was Harry Reed's deal.
Don't buy that.
This is this is uh and I think I think if you look at the chorus, Obama's chorus, the drive-by media, state control media, the very fact that they're not paying hardly any attention to the omnibus going down.
No, no, they're all uh they're all writing about how about this headline, by the way.
This is this is laughable.
The uh AP bill preventing big tax increases heads to Obama.
Bill preventing big tax increases?
That's a new take.
Notice the sudden change, they're no longer calling it the Obama tax cut deal.
I mean, that was too big a lie even for them to carry off in perpetuity.
A measure would extend tax cuts for families at every income level.
Renewed jobless benefits of the long-term unemployed and enact a new one-year cut in Social Security taxes.
Now watch a little bit of the Democrat reaction.
They are fit to be tied.
They don't, they they are just they think that this uh one year, 2% cut in the in the payroll tax is the beginning of the end of Social Security.
They think the Republicans won big on this.
They think the Republicans took Obama to the cleaners.
And they think that because they think Obama has caved as this hardcore socialist Marxist that they always thought he was.
They don't understand that he will zigzag to get where he wants to go rather than go in a straight line if he has to.
But he has he is a committed ideologue, he's a committed socialist.
He's not moderating, he's not he's not moving to the center.
He is, ladies and gentlemen, a giant pretender.
Welcome back, Rush Limbaugh, open line Friday, and we get to your phone calls earlier on Friday than usual, which is one of the reasons the potential for bombing out occurs.
I didn't mean it that way.
Here's Dick Durbin, by the way.
This morning on Bloomberg Television's In Business, Peter Cook, the chief Washington correspondent, was talking to him.
Cook said a lot of angry Democrats out there.
The nature of a compromise is to give up some things so that the other side will do the same.
And that's what happened.
The president has a big victory here.
It's big because it means there won't be a tax increase at the first of the year, which could have hurt our economy.
Unemployment benefits are going to out go out to help millions of people across this country.
And we're giving businesses some breaks to hope that they will be able to stabilize and build their own employee workforce in the process.
Now, can I let me I can I have to analyze this, folks.
I just can't let this go.
Let's just take this line by line.
The president has a big victory here.
It's big because it means there won't be a tax increase at the first of the year.
Um, Dick, the only reason we have tax increases at all in this country is because of you.
You guys come along, there won't be a big tax increase.
Why didn't you cut taxes two years ago, Dick?
Why didn't you and Obama cut taxes two years ago in the midst of the beginning of the recession?
If you want to admit to us two years after you have destroyed this economy, two years after you have purposely spent this country into a debt that it can never repay, you now want credit for not raising taxes.
And people are actually gonna swallow this and not get sick.
You guys actually want credit for not raising taxes because it's now not gonna hurt the economy?
Well, that's really fine and dandy, Dick.
After you guys have already done as much damage to this economy as one political party could in two years, you now come along and want to claim victory?
Because you're not gonna damage the economy.
Dick, if tax cuts, or if not raising taxes, is a brilliant economic maneuver in times of recession, then what the hell?
Why didn't you do them two years ago, Dick?
Sorry, folks.
I can't listen to this stuff and have it go in one air and out the other.
The next thing there won't be a tax increase that would have hurt our economy.
Uh finally, who's who won here?
You people want to tell me Obama wins when this is their take on it?
They're singing ours tune.
They're using our lyrics.
They're singing out of our hymnal.
They're singing from the Reagan book.
They're singing from the Buckley book.
From the Burke look book.
I mean, what what I really I'm I'm sitting here and I'm stunned.
I know I'm not as smart as the people inside the beltway.
But how can anybody look at what Durbin here?
And by the way, this is the Durbin saying it, this is what they want out there.
This is what they want the media to report.
Oh, yeah.
Big big win.
President has a big the president who has destroyed this economy.
The president whose policies have stunk this country up, have spent us into generational theft levels of debt.
Now claim victory because there won't be a tax increase.
Six weeks ago, you wanted this tax increase, Dick.
Two months ago, you wanted this tax increase.
Two months ago, you and every Democrat wanted these tax cuts to expire.
You wanted the Clinton tax rates, the Clinton tax rates of the 90s.
That's what gave us the boom, you guys have been saying.
A year ago, you wanted these tax rates to expire.
You've wanted these tax rates to expire for ten years ever since they were implemented.
You guys have said these current tax rates that you now Celebrate as your own were the source of all the economic problems.
The Bush tax cuts, which never cut taxes for the middle class, Dick, this is what you guys said.
The Bush tax cuts were only for billionaires and millionaires, and you guys were saying that those tax cuts that Bush did are the single most destructive economic policy in ten years.
And now, after three weeks, you want credit and you want Obama to be able to claim victory because the Bush tax rates are extended.
The party, the people, that never wanted these tax rates to go up is the Republican Party.
You guys ride in here at sunset, and you play almost Russian roulette with the nation's economy, and you guys claim victory.
This is a big victory for Obama because taxes won't go up, which could have hurt our economy.
You guys are the architects of economic pain.
And now you admit that we're right.
That tax increases are bad for economic activity at any time, particularly in a recession, after you guys have done all the damage.
Unemployment benefits are going up to help millions of people that you have put out of work.
Unemployment benefits are not going to help the economy, Dick.
Unemployment benefits are not going to help these people find jobs.
Nothing that you people on the Democrat Party have done has been in one way positive, supportive, or affirmative for the middle class in this country.
You have done nothing but pull the rug out from under them with every policy that you have come up with under your so-called stimulus ideas.
Businesses are being given some breaks to hope that they will be able to stabilize and build their own employee workforce.
Why didn't you do this two years ago, Dick?
If all of these conservative ideas are so good in December of 2010, that you guys, after two years, I cannot say this enough, after two years of destroying this economy, in the last three weeks of the year, you come out in support of all this stuff that we have been supporting our lives.
You claim victory for you.
What this really means is that this is a huge defeat for Obama, and I don't care how anybody wants to look at this.
When Barack Obama and Dick Durbin are singing from the Ronald Reagan hymnal, and we got people want to talk about what a creep political victory it was for Barack Obama.
I'm sorry, folks.
I'm um I'm not seeing it.
To paraphrase John Kerry, who served in Vietnam.
The Democrats were against the Bush tax cuts before they were for them.
By the way, what what is in this tax cut bill that does anything for business?
That's the one thing somebody's got to explain to me.
I don't know what stabilizing it.
You guys have stabilized diddly squat.
So don't buy this else inside the beltway Pap, folks.
When Dick Durbin starts singing our tune, increasing taxes will hurt the economy.
We win.
And particularly when we realize if they'd have done this stuff two years ago, we wouldn't be in this mix.
Hello, we're back.
It's Rush Limbaugh.
This is open line Friday, so I guess listening to Dick Turbin, I guess we have to Obama's for tax cuts for the rich too now.
The big winner, Barack Obama, the big comeback kid, has now just come out for tax cuts for the rich.
Wow, as Obama win.
Oh, yeah, we had to do all this stuff to make sure we didn't harm the economy.
That's what the Democrats are saying.
After sorry, folks, I can't let this after two years of totally unnecessary economic destruction done purposefully.
All of a sudden, now, when we near the presidential campaign for 2012, guess what?
We got to start making Obama look like he's not what he is.
And somehow this is called a victory.
From an email, Dear Rush, sorry, bud, we lost the tax freeze, meaning the Bush tax rates is only two years.
Democrats are going to use it for a sledgehammer in the next election cycle.
Damn right, I know that.
I know what's going to happen.
Obama's telegraphed that.
2012 to his leftist base.
Don't worry about it.
2012 comes a word and I we're going to get rid of these Bush tax rates.
We're going to raise taxes on the rich in 2012.
That's what he told his base was going to happen this time.
We're going to gonna let these tax cuts stay in place.
We're going to let these tax cuts expire.
That's up till a month ago.
And all of a sudden this is Obama's idea.
The only Mr. Durbin, the only way to save the Obama presidency was to admit that Bush was right.
In Afghanistan, on Gitmo, on taxes.
That's the only way to save the Obama president.
This is what we're being told is a big Obama win.
Admit that Bush was right.
Now let's look at this business.
Yeah, yeah, yeah, but Denzel going to use it as a sledgehammer in the next election cycle.
Let them.
It'll just go and show that they didn't mean any of the stuff they're saying now.
If Obama comes along and and I know what you're counting.
I know what people are thinking.
That certainly by the presidential race uh November 2012.
Certainly the economy's gotta be coming back.
Certainly jobs are gonna be added.
Certainly there's gonna be an uptick.
And certainly Obama's gonna be able to claim credit that he did it.
And then he's gonna say we're not gonna need these tax rates anymore.
We can raise taxes now on the rich.
Fine.
Nothing big surprising about that.
Very predictable, in fact.
Libs or libs.
We know who they are, we know what they're gonna do.
We know that he doesn't mean a word of this.
We know that Durban doesn't mean a word of this.
So in two years we can throw it right back in their face.
Wait a minute, Mr. Durbin.
You said two years ago that we had to do all this stuff to make sure we didn't harm the economy.
I guarantee in 2012, we're not gonna be adding jobs to the rate of replacement levels.
We're not gonna be significantly reduced, reducing what look at the stats we had yesterday.
We have lost 257,000 full-time jobs here while everybody's taking credit for 200 and some odd thousand temporary job gains.
There's nothing, there's there's nothing good, there's nothing positive happening out here in the economy.
So you roll the dice and think, well, in two years it has to.
Well, two years ago didn't somebody, yeah, two years from now.
My gosh, Russia's gotta be better than it is.
Nothing but get worse, right?
Somebody want to show me any improvement from uh 2008 to the present.
I don't just because the Democrats are gonna use us a sledgehammer doesn't, oh God, we're lost, oh, it's over, oh, we got snookered, oh my god.
Oh gosh, oh gosh, oh wow, we really got Obama's gonna come back and he's gonna curly cream us on the tax rate.
Sure, I know he's gonna do that.
He doesn't like this.
He doesn't like these tax rates staying right.
He's doing this because he has to.
He knows.
And the only way to save his presidency right now is to admit that Bush was right, although he's not using those words.
But with somebody like me on the case, analyzing it properly, in the meantime, the definitive, the definitive liberal legislation, this omnibus trick budget, this coup of the U.S. budget process.
A bunch of losers in the November elections try to hijack the budget process after ignoring it constitutionally for a year.
Try to hijack it, and they lose big, and Obama was totally in support of it.
The thing that had liberalism written all over it.
The omnibus budget, this spending bill.
Goes down in flames after three days.
Maybe even less than that.
When did Dingy Harry drop it?
Tuesday?
Last night it's gone?
Simply because of Republican unity?
And we're talking about Obama's the comeback kid here.
The way I look at it, liberalism's taking it on the chin yet again.
We got the president and his minions talking about how great conservative ideology is in bad economic times.
They're not using those words, of course, but this is the end results, the meaning.
I don't care if they mean it or not.
I don't care if it's a head fake, it is a head fake.
I think this whole tax deal was mostly a head fake to get everybody's attention diverted while they dropped this bomb, this omnibus bill.
I don't see how they win anything here.
The omnibus budget was gonna be the new Obama bucks.
That was gonna be the new stimulus, but they're calling this thing stimulus too.
There's No stimulus here because there's no new spending.
Yeah, the unemployment, yeah, the ethanol stuff, yeah, it doesn't.
It's not stuff I would do.
I'd have killed the deal, but compared to what was in the Obama bus, huh?
This is chump change compared to what could have happened.
I may I look, I will admit, folks, I'm uh maybe I'm just not smart enough to see for what it really is.
I maybe this is a huge Obama win.
Maybe we got totally snookered here.
And maybe I'm just blinded by my um uh what uh what am I blinded by?
My hopes and desires and so forth.
Maybe I'm just not smart enough to deal in that league.
So I'll stay here on the radio and I'll just keep calling it as I see it.
Here, play Durbin again.
Grab sound by 28.
I just want to listen to it in his words.
You keep in mind as you hear this.
The question to him is there are a lot of angry Democrats out there.
A lot of angry leftist socialist Marxist Democrat base.
And they're not happy about any of this.
They're not happy.
The budget deal went south, they're not happy with this tax deal because they see it as a validation of Bush, who they hate.
And here's Durban coming along and saying, basically, you know, um uh president has a big win here.
The only way to save the economy is to keep Bush policies in place.
The nature of a compromise is to give up some things so that the other side will do the same.
And that's what happened.
The president has a big victory here.
It's big because it means there won't be a tax increase at the first of the year, which could have hurt our economy.
Unemployment benefits are going to out go out to help millions of people across this country, and we're giving businesses some breaks to hope that they will be able to stabilize and build their own uh employee workforce in the process.
Dick, if a tax increase will hurt the economy in uh January, December here, 2010.
Why won't a tax increase in um November, December of 2012 hurt the economy?
The tax increase hurts the economy.
Why won't it two years from now?
What what's the magic of two years?
Well, the economy's gonna be coming back, Limbois.
We're gonna be roaring back by that time.
It has to be, it just has to be.
And oh, okay.
So we got an economy and recovery.
We're finally coming back, and then we can raise taxes?
Right.
The the theory is that tax increases hurt the economy, period.
So when the economy's coming back, it's safe to raise taxes.
That makes a lot of sense.
To the phones, Janice, Grand Junction, Colorado.
Welcome to Open Line Friday.
You are first.
Hello.
Merry Christmas, and thank you, Rush, for keeping us informed.
You bet, madam.
I'm 56, I'm unemployed with no unemployment insurance.
And all this week I've been listening to what's been going on, and I've never been so involved as to calling Washington as I have been now.
I've called Washington every morning.
And when I found out about the omnibus bill and everything that was going to be being spent for all of these ridiculous earmarks, I thought it was going to come unglued.
Wait a minute now.
One second here, Janice.
Earmarks are earmarks, but the earmarks in this thing, they're never large, they were 10%.
But the earmarks were not the bad thing about the omnibus.
The bad thing about the omnibus was the omnibus.
Well, true that.
Absolutely.
And when I heard the whole thing, I was dying.
I'm spinning around going absolutely crazy.
And the song that that opened up this set, you know, psychotic reaction, that was me.
That was me, and that's been me every day.
I cannot get over that they don't understand.
The Democrats, the liberals do not understand that we're out here suffering big time, and they don't care.
That's the thing.
They don't care.
It's not that they don't understand anything.
They understand full well what they were doing.
But they don't care.
Right.
And they're not.
They talk the most caring talk.
But they don't care.
They lie to us, and then they say that we're the liars.
Janice, the Democrat Party profits off of the misery and suffering of the American people.
That's what is outrageous.
We have a political party in this country which benefits from their own self-imposed suffering.
They bet and yet at the same time, they're the ones that somehow are compassionate.
They're the ones that care about the little guy.
They're the ones that have all this uh uh concern for the downtrodden, they profit from creating misery and suffering economically in people.
They profit from it because they think those people are gonna end up voting for them to keep getting a meager subsistence in whatever check it be, unemployment, uh whatever.
I I I totally under look at what when I when I heard that Dingy Harry dropped this thing after I left this microphone on Tuesday.
Dingy Harry drops this thing.
I spent that whole night ticked off, and the next day I spent all day on it on this program.
I know how you feel.
Oh it's unbelievable.
It's it's it's truly unbelievable.
And there's no relief.
There is no relief.
They hit us every single day.
And and then and then I'm the oxymoron because I'm I'm conservative, I'm unemployed, and right now I'm poor.
And I'm the oxymoron.
Well, anyway.
That's what that's what I'm told.
That's what I'm told.
By my so-called liberal friends.
Well, yeah.
They tell me that I'm that I'm the oxymoron.
And I'm like, no, there's no oxymoron here.
It's just facts.
Americans are hurting, Americans are suffering, and you can they continue to follow the lie, and we're the ones that suffer right along with them.
I knew this was going to happen two years ago.
Not that I was gonna be unemployed, but I knew that uh that that what was getting ready to happen was gonna happen.
I had no idea the severity that they were going to act, uh the viciousness that they were going to act with.
It's it's really been.
Let me tell you something.
The working poor are almost always conservative.
The unworking poor are Democrats and liberals.
You know, you're absolutely right.
You're absolutely right.
Snerdley's frowning as though he doesn't get it.
What's so hard about what's so hard to understand?
The working poor are conservative.
Meaning they're working, they're poor, but they're working.
The unworking poor sitting around watching Oprah, Democrats.
By the way, I have funny.
I don't know if this is true or not, but I had to go over to Marilago after the program yesterday to meet some people to whom I was making a charitable donation.
I was giving them the the donation.
And one of the guys big, he just loves Marilago.
It's Donald Trump's club here, which is the old Marjorie Merriweather post home.
And it's you know, it's the East Coast's Hearst Castle.
And Trump bought it many, many, many, many moons ago.
That was unoccupied and deteriorating, bought it for 10 million, and has now turned it into a 250 million dollar property.
Just beautifully restored it so forth.
And uh this guy uh who is a member, took me uh to the beach side uh uh guest house complex and so forth for an adult beverage.
And as we're leaving, he says, You see that second floor of this uh place where the we we were in a little bar inside the second floor up there, yeah, yeah.
That's where that's where Oprah stays when she comes here.
You know why?
I said, No, why?
Because it's got a kitchen right below it.
Let me ask the question another way, and then uh this is going back to Dick Turban.
What did I do with that?
Did I put that at the bottom of the stick?
Because I need to keep that handy just for the having the transcript in front of me.
Well, I've put it somewhere.
I know I didn't throw it away.
At any rate, uh if if Durban says we can't raise taxes now, because it would harm the economy, right?
But now somehow we're gonna be able to raise taxes in two years.
It won't harm the economy then.
Now here's the here's the real question.
The Democrats take credit here for Bush tax rates.
They take credit for conservative ideology.
And now in two years, they're gonna turn around and run against that.
In two years, they're gonna want to raise taxes and run against what they said was necessary to save the economy.
They're gonna run against themselves.
They will.
There's no question they will.
Clinton did it.
Like it never happened, but we're ready for them.
Well, I'm ready for him.
I inside the Deltway people can be told how smart he is all along, but we're ready for him.
Because he's gonna be running against what his own people said was necessary to save the economy.
Two years.
And we'll be here.
Yeah, we'll put the concrete wall right up and for see a run against himself right into the wall.
Then we'll see how smart he is.
If he can miss the wall.
It's gonna be a big wall.
Bill Richmond sell call.
Great to have you on the EIB network.
Hello, Rush.
How are you doing today, sir?
Good, sir.
Thank you.
Yeah, I was just want to comment about the the uh Clinton uh years.
Yeah, what really fueled uh what I believe is what really fueled the Clinton years was the expiration of the treasury bonds, the tenure notes that were given to reduce the inflation uh in the beginning of the uh Reagan years.
And then subsequently uh as they ladder out until 20 year time period.
I mean, you had tons of money coming into the market that fueled that economy.
Yeah, it was the bomb walking.
Yeah, the bond market.
Everybody was focused on the bomb market, and and Carville couldn't figure out why the body care about the bond market.
Who cares what a bond market's doing?
I don't care about a bond market, who cares about you have just identified why it was the source of funds.
And there was plenty of them coming, plenty of money coming out into the market, and where did it go?
It went to the stock market.
Offered better returns.
Yeah.
And there you go.
That's how Clinton got his uh his great economy.
Your point is it had nothing to do with his tax rates.
Not at all.
Not at all, sir.
Because there's no way tax increases boost an economy.
It just doesn't happen.
But they wanted credit for it.
They've been saying that for Bush tax cuts or the Clinton tax increases fueled a boom.
Well, if they did, where are they now?
Why didn't they let these taxes go up?
Remember, folks, the Bush tax cuts.
If you listen to Obama, any Democrat, the Bush tax cuts, these current tax rates are the reason for this economic problem that we're in.
They're the reason for the recession, the reason for the Iraq war, the reason for Afghanistan, the reason we had 9-11, all this crap.
Bush tax cuts, right?
Clinton's tax increases gave us the boom.
Well, we have a chance here for tax increases.
In um, what is this?
The uh the 17th.
Two weeks.
In two weeks, we could get back to the Clinton boom.
No, no, we couldn't.
No, no.
Everybody knows raising taxes is gonna thwart economic uh.
I we've got them tied here in as many notes and uh uh knots as pretzels.
And sorry, I just don't see how they win this.
Well, Petit people in the email, uh, ladies and gentlemen continue to disagree with me that this was in fact a win-win for Obama.
Well, I'll explain the latest premise so we come back from the fact one is we don't control the Alphabet news networks and be able to spin Durbin's comments however they want, not the way I'm uh analyzing them.
Uh and uh the other way I'll explain to you when we get back.
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