Obama should thank Bush, a $4T gift
Obama wanted to spread the wealth around and has virtually been passed on a carte blanche to do so by the conservative movement.
In the US fiasco, the conservatives have so expanded public sector spending, with 2 wars and the 3T TARP at home, that it will in fact be difficult for Obama to spend it all.
Couldn't have wished for a better gift from Bush?
In the US fiasco, the conservatives have so expanded public sector spending, with 2 wars and the 3T TARP at home, that it will in fact be difficult for Obama to spend it all.
Couldn't have wished for a better gift from Bush?
Comments
That's yet another reason Obama won. Years of a Republican majority, allowed them to get fat and forget they were the party that promised smaller govt. So they left a gaping hole for Democrats to drive a truck through.
Obama should read up on the Laffer curve before he pushes tax hikes of any kind, but hey... who cares? I'm not part of the evil rich. ;-)
So ya... it's certainly something I'm looking in to. ;-)