{"id":35967,"date":"2010-07-26T01:01:01","date_gmt":"2011-05-19T00:45:26","guid":{"rendered":""},"modified":"2011-05-19T00:45:26","modified_gmt":"2011-05-19T00:45:26","slug":"see_i_told_you_so_regime_will_run_up_debt_then_raise_taxes","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/07\/26\/see_i_told_you_so_regime_will_run_up_debt_then_raise_taxes\/","title":{"rendered":"See, I Told You So: Regime Will Run Up Debt, Then Raise Taxes"},"content":{"rendered":"<section>\n<p>RUSH: A See, I Told You So. Here\u2019s Timothy Geithner, the tax cheat, the little egghead Treasury secretary never has held a private sector job. Yesterday on This Week Still Needs David Brinkley, the fill-in host Jake Tapper said to Tim Geithner, &#8216;Ben Bernanke, chairman of the Federal Reserve, said that the economic outlook is unusually uncertain, extending the Bush tax cuts would have a stimulative effect on the economy. Is the Fed chairman right?\u2019<\/p>\n<p><embed\/>GEITHNER: It\u2019s responsible to let the tax cuts expire that just go to 2 to 3% of Americans, the highest earning Americans. We think that\u2019s the responsible thing to do \u2019cause we need to make sure we can show the world that we\u2019re willing as country now to start to make some progress bringing down our long-term deficit &#8212;<\/p>\n<p>RUSH: Stop the tape. That\u2019s all you need to hear. Stop the tape. That\u2019s a See, I Told You So of huge proportions. Back when all of this economic disaster started, all of this purposeful destruction, I said after you run up the debt, after you\u2019ve got the deficit and the national debt so high, you\u2019re going to have to show the world that you\u2019re serious about it, and how you gonna do it? You\u2019re going to raise taxes. I mean this is almost word-for-word what I said. In fact, Cookie, go back to our archives, find where I said this. It has to have happened in the last year and a half because I didn\u2019t say it \u2019til the Obama regime was immaculated, but I know we\u2019ve got it in the archives and it\u2019s crystal clear. You\u2019ve got Democrats now as we talked about Friday, &#8216;Well, maybe we need to extend the Bush tax cuts.\u2019 That\u2019s just campaign rhetoric. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125106.Par.89380.ImageFile.jpg\" width=\"300\" height=\"500\" class=\"alignright\"\/>Folks, do you know of any Democrat that really wants to cut taxes? Have you ever heard of one? It\u2019s an election year, it\u2019s all election year mumbo jumbo. But extending the Bush tax cuts, that would delay the Obama regime of destruction of the US private sector. Here\u2019s Geithner again. This is another question from Jake Tapper: &#8216;Job creation has not gone as well as you hoped.\u2019 Geithner, oh, yes, it has. We haven\u2019t created any. That was the idea. &#8216;What more can you do?\u2019 Tapper said. &#8216;I know there\u2019s small business lending initiative, but what more can you do given the lack of appetite on Capitol Hill for any spending program &#8211;&#8216; (laughing) Jake, lack of appetite on Capitol Hill for any spending programs? Jake, lack of appetite on Capitol Hill for any more stimulus? Jake? Jake? This is Jake\u2019s last Sunday \u2019cause next week Christiane Amanpour comes back from vacation in the South of France to take over for the show. Anyway, here\u2019s what Geithner said in answer to the question: &#8216;Job creation\u2019s not gone as well as you had hoped.\u2019<\/p>\n<p>GEITHNER: Right now the best thing the government can do in addition to those things is help create the conditions for the private sector to start to invest and hire again. Now, we\u2019ve seen six months of positive job growth by the private sector, that\u2019s pretty good.<\/p>\n<p>RUSH: Yeah. Okay, so there you have it, the tax cheat, Tim Geithner says the economy has now recovered sufficiently for government to begin to make way for private investment growth. Shouldn\u2019t the government have been making way for private business investment from the get-go? I mean in the real world where economic growth is truly desired, shouldn\u2019t that be have been the first thing on tap? But now all of a sudden, no, the economy has recovered sufficiently. Where? The average sales price, the average home fell $214,000. Where is this phantom recovery? Geithner said we need to make that transition now to a recovery led by private investment. He said that on Meet the Depressed. Oh, yeah, we need to transition now to &#8212; why? Government\u2019s done enough? Now we gonna have stimulation from the private sector, recovery? These people, folks, are just mouthing a bunch of election-year rhetoric. They have single-handedly destroyed all of this. They continue to. These Bush tax cuts will not be extended, and when they drop on January 1, 2011, you can forget about guesses as to whether or not there will be a double-dip recession or not. There most certainly will.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: A See, I Told You So. Here\u2019s Timothy Geithner, the tax cheat, the little egghead Treasury secretary never has held a private sector job. Yesterday on This Week Still Needs David Brinkley, the fill-in host Jake Tapper said to Tim Geithner, &#8216;Ben Bernanke, chairman of the Federal Reserve, said that the economic outlook is [&hellip;]<\/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,"footnotes":""},"categories":[],"tags":[],"class_list":["post-35967","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>See, I Told You So: Regime Will Run Up Debt, Then Raise Taxes - 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:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2010\/07\/26\/see_i_told_you_so_regime_will_run_up_debt_then_raise_taxes\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"See, I Told You So: Regime Will Run Up Debt, Then Raise Taxes - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: A See, I Told You So. 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