Barack Obama,  Day By Day,  economics

Day By Day by Chris Muir July 8, 2009 – Run, Don’t Walk

daybyday070809

Day By Day by Chris Muir

President Obama’s and the Congressional Democrat’s propensity to TAX AND SPEND has already started with the failed Economic Stimulus I and add this to Cap and Trade, Obamacare, and Economic Stimulus II you have massive government spending.

Who is going to pay for it?

American taxpayers making more than $250,000 a year?

Frak, there are NOT enough high earner folks to pay for it all.

So, what happens?

A Bill Clinton type reversal: A Middle Class Tax increase to pay for “INVESTMENTS.”

And, the RIGHT was worried about the 2010 midterm Congressional elections? Flap’s only hope is that Harry Reid rams all of these new taxes through the Senate earlier rather than later this Fall.

Previous:

The Day By Day Archive


Technorati Tags: , ,