Thursday, May 14, 2009

Get ready for one of the most vicious of all vicious cycles

Obamanomics is a disaster, and it couldn’t come at a worse time. Four years ago, the country may have been resilient enough to shake off the worst effects of Obama’s policies, but with our economy already reeling, his taxes will kill any chance at recovery. We will spend years running up massive deficits — which will prompt Obama to impose higher and broader taxes. Get ready for one of the most vicious of all vicious cycles.
HotAir: Martin Feldstein's prediction

WSJ: Tax Increases Could Kill The Recovery

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