November 27, 2015

Obama’s money plans backed by communists

The Communist Party USA is backing Barack Obama’s position on the coming fiscal cliff and claims its economic program “will unfold in the coming year” with the reelection of Obama and continued Democrat control of the U.S. Senate.

The statement came from Joelle Fishman, chairwoman of the Connecticut Communist Party, during a recent conference call on the upcoming fiscal cliff.

The conference call, titled “Don’t Bargain with People’s Lives,” featured an economic report by CPUSA national Vice-Chairman Jarvis Tanner, who said Obama’s demands in the fiscal cliff debate are exactly what the country needs.

Republicans have said any revenue increases must be accompanied by spending cuts. However,  Obama has countered by saying he wants Congress to raise taxes, extend unemployment benefits beyond the current 99-week limit, pass an additional $50 billion in stimulus spending and grant him authority to raise the debt limit whenever he wants.

Tanner says the president’s position shows that unlike the Republicans, he is making a “serious proposal.”

“The real economic crisis is a depressed economy including 15 million unemployed. The Obama administration has at least made a serious proposal including ending the Bush tax cuts for the rich, extending the middle-class tax cut, a $50 billion stimulus package next year, no immediate new spending cuts, extending of unemployment insurance and increasing the debt limit,” Tanner said.

WND reported only day ago that the CPUSA called Obama’s election result “an enormous people’s victory.”

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