“Somehow people say, why are you doing that, I’m not sure that’s good politics. I’m doing it because I said I was going to do it and I think it’s the right thing to do. People should learn that lesson about me because next year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits and debt step-up because I’m calling their bluff. We’ll see how much of that, how much of the political arguments that they’re making right now are real and how much of it was just politics.”
Has President Obama forgotten no House Republican and only three Senate Republicans voted for the Stumulus. No Republican voted for his bloated budget passed last year. Republicans aren't the cause of excessive spending. Of course, when he says 'hard choices," President Obama isn't talking about spending cuts. This is code for raising taxes.
The comment starts at about the 3:45 mark.
At the 2:50 mark, President Obama calls the tax system "unfair in a whole lot of ways." He is correct about the tax system being unfair. 47% of Americans don't pay any federal income tax. Some of this group actually receive extra money from the government in the form of tax credits when they file. Instead of paying the government at tax time, the government pays them. We can be sure this disparity between the half of Americans who pay federal income taxes and the half who don't isn't what President Obama thinks is "unfair." He thinks the 53% of Americans paying all the federal income tax aren't paying enough.