Rush Limbaugh ridicules Obama's plan
'He can't pay for what he's doing unless he steals more from you'
Posted: April 13, 2011
4:28 pm Eastern
By Joe Kovacs
© 2011 WorldNetDaily
Radio host Rush Limbaugh is ridiculing President Obama's plan to cut the deficit by $4 trillion within 12 years through spending cuts and tax increases on the wealthy, saying the president's method of redistributing income has already been tested numerous times without success.
"The Obama way has been tried," Limbaugh said today as he analyzed Obama's speech at George Washington University. "For as long as there have been human beings who used to be monkeys walking the Earth, it's been tried, and it has never worked. That was my concession to the Darwinists in the audience. But it doesn't work."
He cited communist systems around the world as evidence.
"It's been tried in Cuba. Is there anything great down there? Tried in the Soviet Union, Russia. Anything great over there? Chicoms (Chinese Communists). The greatness that's occurring in the Chicom circumstance happens to be to the extent that they are going capitalist in order to have any kind of a growing economy."
Find out amazing, behind-the-scenes information that the doctor of democracy never talks about on the air in "Rush Limbaugh: An Army of One," direct from WND!
Obama is looking to roll back President Bush's tax cuts for the wealthy, so households making more than $250,000 would experience a tax hike.
Both Republicans and Democrats had previously agreed to continue the Bush tax cuts for two years, but Obama said today, "I refuse to renew them again."
"We cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society," Obama said. "The most fortunate among us can afford to pay a little more. I don't need another tax cut."
(Story continues below)
 Rush Limbaugh |
He cited communist systems around the world as evidence.
"It's been tried in Cuba. Is there anything great down there? Tried in the Soviet Union, Russia. Anything great over there? Chicoms (Chinese Communists). The greatness that's occurring in the Chicom circumstance happens to be to the extent that they are going capitalist in order to have any kind of a growing economy."
Find out amazing, behind-the-scenes information that the doctor of democracy never talks about on the air in "Rush Limbaugh: An Army of One," direct from WND!
Obama is looking to roll back President Bush's tax cuts for the wealthy, so households making more than $250,000 would experience a tax hike.
Both Republicans and Democrats had previously agreed to continue the Bush tax cuts for two years, but Obama said today, "I refuse to renew them again."
"We cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society," Obama said. "The most fortunate among us can afford to pay a little more. I don't need another tax cut."
(Story continues below)
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