{"id":31676,"date":"2009-02-12T01:01:01","date_gmt":"2011-05-19T02:45:22","guid":{"rendered":""},"modified":"2011-05-19T02:45:22","modified_gmt":"2011-05-19T02:45:22","slug":"obama_s_stimulus_13_a_week","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/02\/12\/obama_s_stimulus_13_a_week\/","title":{"rendered":"Obama\u2019s Stimulus: $13 a Week"},"content":{"rendered":"
\n

RUSH: We\u2019re searching for the audio of this. I could have sworn that we had the audio of this, but we checked the archives, and we don\u2019t. Shortly after George W. Bush proposed his first stimulus rebate check program it was about March last year, or February, with the checks beginning to arrive in June. Remember this? <\/p>\n

And what was the amount of those checks? Was it $600? Six hundred dollars for a single and $1,200 for a couple, something like that, right? None of us really remember because we didn\u2019t get it, but I want to remind you of a quote from the first lady, Michelle (My Belle) Obama. In context, remember, Obama\u2019s stimulus tax plan gets you 13 bucks a week starting in June, and that reduces to eight bucks a week starting in January. Michelle (My Belle) was in Michigan. This is just after she and her girls had an Access Hollywood interview, making fun of their dad\u2019s ten-year-old slacks. Michelle (My Belle) speaking to a group of people in Michigan: ‘You are a getting $600,\u2019 meaning the rebate. ‘You\u2019re getting $600. What can you do with that? I mean, not to be ungrateful or anything, but maybe it pays down a bill. But it doesn\u2019t pay down every bill every month. Barack\u2019s approach is that the short-term quick fix kind of stuff sounds good and it may even feel good for that first month when you get that check and then you go out, you buy a pair of earrings.\u2019 Remember that quote? So the first lady in June of 2008 making fun of a $600 rebate check, and is now praising her husband, whose rebate plan gets you $13 a week.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: This is Andrea in the wealthy, wealthy, wealthy enclave of Bucks County, Pennsylvania. Hi.<\/p>\n

CALLER: Hi, Rush. Thanks for the sanity.<\/p>\n

RUSH: Yes. (laughs)<\/p>\n

CALLER: I have two questions for you. The whopping $13, is that before or after taxes?<\/p>\n

RUSH: What does it matter to you, Andrea, you live in Bucks County and you\u2019re not going to see it.<\/p>\n

CALLER: Well, that may be true because there is no one in Bucks County that is poor. You know that, right?<\/p>\n

RUSH: Yes. That\u2019s why I introduced you as from ‘Wealthy, wealthy, wealthy Bucks County.\u2019 <\/p>\n

CALLER: (laughing) <\/p>\n

RUSH: A lot of Bloomberg employees live in Bucks County and commute to New York.<\/p>\n

CALLER: Well, I shop at Target. (laughs) And my second question is, what exactly is the interest we\u2019re going to be paying on this $13?<\/p>\n

RUSH: Now, I have to tell you —<\/p>\n

CALLER: That I will be paying.<\/p>\n

RUSH: No, your question here, ‘Is the $13 before or after taxes?\u2019 is a great question. It\u2019s going to be before tax, that\u2019s going to be in your gross. But it\u2019s not a tax cut. It\u2019s a tax credit. In this bill there are supposedly lots of business tax credits, but here\u2019s how this works. You have to pay your full tax, whatever your full rate is. There\u2019s no rate reduction for anybody. So you pay your full tax, and then you apply for the tax credit. Your accountant will do it and some businesses, you\u2019ll have 15 years to pay it back.<\/p>\n

CALLER: So you\u2019ll have spent that much on that.<\/p>\n

RUSH: Well, for individuals it\u2019s 13 bucks. It is going to be withheld, and so — no, I think it\u2019s net. Now that I think about it, because the people are talking about the things I\u2019ve read about it here today say that after they reworked the withholding tables, it will take them that long (\u2019til June) to get this done so you\u2019ll see an additional $13 net.<\/p>\n

CALLER: It makes me crazy. I worked two jobs when I was in college. I came from a blue-collar background, my husband, blue-collar background. He\u2019s the son of immigrants. His father didn\u2019t go past the fifth grade.<\/p>\n

RUSH: Oh, get me the violins. You know what?<\/p>\n

CALLER: He worked two jobs while we were in school and now we\u2019re going to be punished because we\u2019re successful.<\/p>\n

RUSH: Exactly! Welcome to the America of Barack Obama. It\u2019s so wonderful when I talk to people who finally get it.<\/p>\n","protected":false},"excerpt":{"rendered":"

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