President Obama is trying to trumpet in a “New Era of Responsibility” with the announcement of his 2010 budget. The plan at best will raise taxes and triple the current budget, and at worst create the biggest government in the history of the world:
Reuters: Obama Brings Back Era of Big Government
It will take some time before all the details of the budget are revealed, due in large part because the budget plan lacks details on such high ticket items like the healthcare initiatives (there’s transparency for you), but already people are starting to question the numbers:
NY Post: Obama's Fuzzy Math
Above all this budget does fulfill one of Obama’s campaign promises, tax relief for those that don’t pay taxes and higher taxes for those identified as the “rich:”
WSJ: Taxing the rich won't help
Much will be written, and many will disagree over the next few weeks and months, but in the end this budget (as it is written now) will not help hardworking Americans. More over, the trouble with this budget does not rest solely with the Democrats.
When are those in Washington, DC going to wake up?
Posts
No comments:
Post a Comment