The Hill: Reports that President Obama has called for a balance between spending cuts and tax hikes. This is the same old song folks, the US is in the red, it owes fourteen trillion, and what does President Obama want to do, raise taxes, the usual argument from tax and spend liberals, just raise taxes, that will solve the problem, well its about time someone called Obama on his rash spending in the first two years of his presidency, the economic stimulus that was meant to keep the US unemployment rate at below 8%, its now 9.1. The stimulus has not created jobs in the private sector, ObamaCare was meant to lower medical costs, they are going up, in fact the private sector finds it to cheaper to quit giving medical cover and pay the penalty. Lets be honest, Obama for a very smart man is dud when it comes to economics, a Harvard seminar is no lesson for the real world folks.
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