In August 2009, on a visit to Elkhart, Indiana to tout his stimulus plan, Obama sat down for an interview with NBCs Chuck Todd, and was conveyed a simple request from Elkhart resident Scott Ferguson: Explain how raising taxes on anyone during a deep recession is going to help with the economy.
Obama agreed with Fergusons premise raising taxes in a recession is a bad idea. First of all, hes right. Normally, you dont raise taxes in a recession, which is why we havent and why weve instead cut taxes. So I guess what Id say to Scott is his economics are right. You dont raise taxes in a recession. We havent raised taxes in a recession.