Obama says VAT on the table


Does it shock you that after saying the VAT is not under consideration The Bam is now hinting that it might be on the table?

No shock for me. I think that this president, along with Harry Reid, Nancy Pelosi and the current Democrat Party leadership, has never seen a tax not worth putting on the table.

My guess is that politically the Obama Administration et al will back away from the VAT. But in their heart of hearts they know that they'll need something like the VAT to pay down the huge debt they recklessly incurred on behalf of the American people.