I believe it is a mistake for us to borrow $700 billion to make tax cuts permanent for millionaires and billionaires. It won’t significantly boost the economy and it’s hugely expensive, so we can’t afford it.
President Barack Obama
November 14, 2010
Obama Says He’s Committed to Middle-Class Tax Cut Extension
[Just the phrase “we can’t afford it” and the word “expensive” in reference to a tax cut tells you how out of touch with reality he is or desires to change your perception of it. The proper usage of those words is more like, ‘You can’t afford spending money on expensive items.” You use a different set of words to describe taking money from people at gun point.—Joe]