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To: jersey117

Typical CONVOLUTED response from Obama (from transcript):

QUESTION: — are you confident that charities are wrong when they contend that this would discourage giving?

PRESIDENT OBAMA: Yes. I am. I mean, if you look at the evidence — there’s very little evidence that this has a significant impact on charitable giving. I’ll tell you what has a significant impact on charitable giving is a financial crisis and an economy that’s contracting. And so the most important thing that I can do for charitable giving is to fix the economy, to get banks lending again, to get businesses opening their doors again, to get people back to work again. Then I think charities will do just fine.


1,101 posted on 03/24/2009 6:45:27 PM PDT by acoulterfan
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To: acoulterfan
???
He states the economy is taking a chunk out of charitable giving so he wants to take a another chunk to create jobs that will not last so people can give more to charities?

Is he nuts or is totally clueless?

1,125 posted on 03/24/2009 6:58:09 PM PDT by TeleStraightShooter (Barack Hugo Obama - has he ever criticized Hugo Chavez?)
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To: acoulterfan

I guess he doesn’t think significantly cutting executive compensation will have as large or larger impact on charitable giving as cutting out the deduction?


1,207 posted on 03/24/2009 8:36:02 PM PDT by Arizona Carolyn
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