OBAMA’S BUDGET DOOMS HIS RECOVERY PLAN

By Dick Morris
02.27.2009

The draconian tax increases on the segment of the population that pays most of the taxes, generates most of the jobs, employs most of the workforce, and accounts for much of the consumer spending will chill whatever small warmth the stimulus package can generate. How can Obama pretend that he wants to encourage confidence among bankers and consumers while he regulates them, taxes them, and vilifies them? His tax increases make it clear that he is less interested in solving the recession and the financial crisis than he is in vindicating his political agenda of redistribution of wealth and income. The price of this policy will be lost growth and lost jobs.




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  1. RClay36 on February 28, 2009 2:45 pm

    Wake Up America!!!!!

  2. Scottfish on March 5, 2009 10:12 am

    Dick, Please help me understand how anyone could possibly think we are on the right track for anything but economic collaps !Is it Congress’s job to destroy any business that doesn’t fit their P.C agenda!Last year I watched Congress do nothing about gas prices demonizing G.M for building S.U.V’s.Last I checked we were free to buy what we wanted and fit our needs! Guess what? That’s what G.M built!How much tax is G.M paying now?Do They get it?Somebody stop these people before the only jobs are Gov’t.Thanks for letting me vent.A Carter Surviver,Scott Fish .

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