Friday, March 06, 2009

Obama's Spending Blocked by the Senate!

The New York Times: Reports that the Democratic Leadership in the Senate didn't have the votes to pass a Obama Spending Bill last night. The Obama Agenda when it comes to domestic spending is out of control, he thinks he his LBJ and this can be his Great Society 11. The problem is that the economy is in the toilet, those out of work has reached 1983 levels. It should be recalled that although Reagan had a recession it was his tax and domestic spending cuts that got the USA in to the 80s economic boom years. The Obama Administration wants to raise taxes on those that spend, the rich, it wants to cut defence spending, it was defence spending that pushed the USA economy forward in the 80s. Lets hope the US Senate has the sense to review and reject the Obama Agenda for the USA.