{"id":31409,"date":"2009-01-14T01:01:01","date_gmt":"2011-05-19T02:55:02","guid":{"rendered":""},"modified":"2011-05-19T02:55:02","modified_gmt":"2011-05-19T02:55:02","slug":"a_suggestion_for_barack_obama","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/01\/14\/a_suggestion_for_barack_obama\/","title":{"rendered":"A Suggestion for Barack Obama"},"content":{"rendered":"
\n

RUSH: Let me change subjects real quickly to Obama for a second. I want to go back to this dinner that he had, because one of the things we\u2019re hearing about the dinner with the conservative pundits last night was that they did say tax cuts, tax cuts, tax cuts, tax cuts. And Obama said he\u2019s open to ideas that work, right? Which, you know, is just PR smoke and mirrors. But how about this? I\u2019m going to give Obama a test here. I\u2019m going to offer him an idea. I\u2019m going to offer him an idea without having to meet him personally. Here is how Obama could test the idea of a tax cut without actually doing it, which is his modus operandi. He\u2019s going to sign an executive order closing Club Gitmo but it\u2019s not going to close, right? All right. He doesn\u2019t have to mean it. It\u2019s right up his alley here. He doesn\u2019t have to mean it. He doesn\u2019t even have to propose it. But if Obama was truly open to ideas on how to spark an economic recovery, all we\u2019d have to do is, on a weekday morning, give an interview and say that he\u2019s open to across-the-board tax cuts. <\/p>\n

All he has to do is just say that he\u2019s willing to look at that as an option, and then we see what the market would do. What would the market do if Obama says he is open to across-the-board tax cuts, not going to touch capital gains, might even lower it, he\u2019s open to reducing the corporate tax rate, he\u2019s open to keeping the Bush tax cuts and having them renewed in 2010. What do you think the market\u2019s reaction would be? He could get the market up. He could do it like that without ever having to actually lower the taxes. Now, if the market sinks a few hundred points, like it did with his FDR plan, then I guess the economic activists in the private sector don\u2019t care much for that approach. But if the market was to jump hundreds of points, then Obama might seriously want to consider tax cuts. You know, float the balloon when the markets are open, gauge the reaction. It\u2019s all it would take. He wouldn\u2019t have to really even do it. And, of course, he won\u2019t do it, because what I just described is exactly what would happen. <\/p>\n

From the Cybercast News Service: ‘America does not need a new New Deal or a stimulus package to rescue its foundering economy, Dr. Burt Folsom, a professor of history at Hillsdale College, and Steven Moore, a columnist with The Wall Street Journal, argued at the Metropolitan Club in Washington, D.C., on Friday. Real tax cuts would lift the economy,\u2019 they say, and of course — can you imagine — I want you to stop and think of this, folks. I know this will never happen, but just imagine if it did, I just want you to pretend here. I mean, we\u2019ve been doing that for the last year with the presidential campaign anyway, we\u2019re pretending, we\u2019re buying into all kinds of PR, so pretend this. Pretend that they canned the income tax for one year, just pretend that they eliminate the income tax for six months. Imagine what that would mean to you. Imagine how much more disposable income you would have, money you\u2019ve earned, and what you might do with it, and thus what that might do to the economy. Just pretend. I think it would be a fascinating exercise. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Let me change subjects real quickly to Obama for a second. I want to go back to this dinner that he had, because one of the things we\u2019re hearing about the dinner with the conservative pundits last night was that they did say tax cuts, tax cuts, tax cuts, tax cuts. And Obama said […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nA Suggestion for Barack Obama - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/01\/14\/a_suggestion_for_barack_obama\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"A Suggestion for Barack Obama - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Let me change subjects real quickly to Obama for a second. 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