Monday, January 05, 2009

Obama and the Economy 11

The New York Times: Reports that the Obama Economic Plan has no Tax Hikes for the rich. The Liberal New York Times will not be happy, they breath tax hikes for the rich. President - Elect Obama should be saluted for not pandering to the Liberal Left wing of his Party. It is the rich that invest in the economy through spending and investing in the economy. Obama should consider making the Bush Tax Cuts permanent, if there still a recession in 2010 when the Bush Tax cuts end the last thing you do is raise taxes, Obama and the Democrats will face mid term elections in 2010, the one thing you don't want is to be known as a tax hiker during a recession.

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