Obama’s Economic Stimulus Plan Mapped Out
Really interesting - so much is for tax cuts, and there's not as much for programs as I expected.
Really interesting - so much is for tax cuts, and there's not as much for programs as I expected.
posted by Lou Schwing at 6:26 PM
1 Comments:
Obama's Radicalism Is Killing the Dow
A financial crisis is the worst time to change the foundations of American capitalism.
By MICHAEL J. BOSKIN
It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis.
The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.
Read all at:
http://online.wsj.com/article/SB123629969453946717.html
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