Obama Unveils Tax Initiatives to Help Middle Class - WSJ.com
Sure looks like 'same-ol, same-ol' Democratic and union-type policies where the big picture of the economy is reduced to what's in it for the middle class. Where the money comes from and what the damage is that is done to the rest of the economy is totally ignored.
Sadly, it is exactly this union/Democratic thinking which on one hand continues to drive jobs out of the country while on the other hand, it makes it unattractive to bring jobs to the US.
The Republicans aren't much better in trying to configure policies to support business in the US; but, the Democrats have clearly not got the message and are substituting an expansion of their wrong-headed policies.
After Reid was shown to have made all sorts of unfair deals to get certain Senators to vote for the Obama health plan, the idea that the White House is again calling Senators to get their votes to reappoint Bernanke to head the Federal Reserve weakens Bernanke's appointment (as said by lots of commentators the last few days) and will likely hurt the dollar and, as a result the economy.
It sure would be nice to see some basic fiscal and governmental policies that would cut back government and encourage business and investment, but it seems as though everywhere one looks, all one sees are expansions of government's demands on producers and investors.
Monday, January 25, 2010
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