“Rebalancing the tax code so that the wealthiest pay more ..."
Thursday, February 26, 2009 at 09:00PM ... You'll find that quote in the document that summarizes President Obama's budget.
That's really all you need to know about the President's $3.5 trillion budget. It's a monstrosity -- a train wreck is more like it -- that puts us on a glide path towards European-style socialism.
It's got it all: tax hikes, wasteful spending, wealth redistribution, social engineering, and a near doubling of the State Department. The President lamented that he couldn't stick to his promise of doubling foreign aid, however. Great.
It's just flat-out depressing. And there's nothing to stop it from becoming law; the Republicans are feckless and powerless to derail it. The Democrats in Congress will tinker around the edges, but don't expect any major changes.
This is our future ... European-style socialism. We're not there yet, but we're well on our way. This is the change America voted for.
Reader Comments (1)
Where is Mitch now....loving Obama.
You're right Nick....the American Dream as we know it for our kids is essentially gone.
This is the largest EXPANSION OF GOV'T EVER....how exactly is this "change"?
What liberals fail to realize and what intelligent people have always known...is that change can work both ways...for better or worse....all of these idiots who blindly voted for change without even knowing what that meant are not learning VERY fast what that really means to Obama and his radical left views....it means expansion of Gov't in every way possible, redistribution of wealth, and debt to fuel this.
Don't people get it Nick...how do they think Obama is going to lower this deficiet? He sure as hell isnt going to cut spending or decrease Gov't - he is going RAISE taxes...he will tap out the people making $250k Very quickly...and this will start moving down to everyone else...so ultimately only those who don't pay into the system will be protected from having more and more of their income STOLEN from them. All of this DURING a recession.
Nick I hope you re pissed...and put dbags like Mitch in their place