Clinton to House Dems: Small Businesses Can’t Take Another Tax Hike in the Obama Recession

June 6, 2012

Clinton to Hochul: Small Businesses Can’t Take Another Tax Hike in the Obama Recession
Obama May Have Forgot the Recession but New York Small Businesses Certainly Haven’t

WASHINGTON – This week former President Bill Clinton refused to stand behind Obama’s policies when he said the American economy is still very much in a recession and that small businesses can’t afford another tax hike. Will Kathy Hochul double down on her party’s fiscally irresponsible agenda that has crippled the economy and crushed New York businesses chance for growth?

“Kathy Hochul has done everything to ensure that the barriers to job creation that her party created remain intact, so it’s no wonder that Bill Clinton admitted that America is still in a recession,” said NRCC Communications Director Paul Lindsay. “Kathy Hochul has been full steam ahead with her party’s anti-growth, job-crushing agenda but New York small businesses can no longer afford the threat of more tax hikes and burdensome red tape.”

Even former President Bill Clinton admits that the priorities that Kathy Hochul and her fellow Washington Democrats have championed have left the economy in dire straits:

“Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year.” (Jeff Cox, “US Already in ‘Recession,’ Extend Tax Cuts: Bill Clinton,” CNBC, 6/6/2012)

Not only does President Obama continue to double down on his wasteful agenda, at an extravagant fundraiser at George Clooney’s home, he confessed that he even forgets about the severity of the recession sometimes:

“And sometimes people forget the magnitude of it. You know, you saw some of that in the video that was shown. Sometimes I forget.” (Charlie Spiering, “Obama: ‘Sometimes I Forget’ the Recession,” The Washington Examiner, 5/11/2012)

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