"The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole"

This quote by Barack Obama is describing the financial recession that the United States was dealing with in 2008. He is cautioning versus raising taxes during this time, as it would take away money from services and consumers, minimizing the quantity of cash offered to be invested in the economy. This would even more weaken the economy, as organizations would have less money to buy brand-new services and products, and customers would have less cash to invest in goods and services. Obama is suggesting that raising taxes during a recession would be counter-productive, as it would take away cash from companies and customers, minimizing the amount of money readily available to be invested in the economy. He is promoting for other steps to be taken to stimulate the economy, such as supplying tax cuts and increasing government spending.