This is a great article.
There is big, very big and Obama big.
There is debt and Obama trans generational bankruptcy debt.
There are taxes and there are Obama suck all the oxygen out of the economy taxes.
There is an increase on the wealthy and there is Obama forcing a few to pay for everything.
Michael Boskin Says Barack Obama's Trillion-Dollar Deficit Budget Will Impede Economic Growth - WSJ.com
3 comments:
The same things were said about the 1993 Budget Bill. Newt, Armey, DeLay all promised recession and increased deficits due to the higher taxes.
The credibility of the GOP is nil.
When it turns into a disaster then maybe you will finally see the light.
You are comparing apples to oranges. Trillions versus Billions. Hockey Stick shaped money supply graphs. You cannot show us one real world example similar to what is happening now that succeeded. Not a one! That goes to the credibility of whether or not this Spendapalooza is going to work not comparing the current debacle to 1993.
Did WWII spendalooza end the depression or not? Where there 1941/42 tax cuts that I am not aware of? Or were there tax increases to actually pay for the war?
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