Time for Thorns

An independent view on life.

Archive for December 28th, 2008

Obama’s economic plan…

with 13 comments

Obama always intended to raise taxes and spend a trillion dollars.  The housing meltdown, created largely by Democrats (see Clinton, Dodd and Frank), and the resultant recession, has provided an excuse.

His Oneness and the economic team hope you can’t do basic math, or are so full of Hopey Changemas (to borrow Mark Steyn’s phrase)   you won’t read Caroline Baum’s devastating column, here:

http://www.bloomberg.com/apps/news?pid=20601039&sid=akZbz4hvE7TA

Former Treasury Secretary Paul O’Neill calculates each job the Obama plan creates will cost $250,000.   Digest Baum’s piece for abundant ammunition  on the idiocy of transfering  spending power from one party to another by borrowing from or taxing the public.

Written by timeforthorns

December 28, 2008 at 5:38 pm

Posted in Uncategorized

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