-
Obama’s $3.8 trln budget released
Assumptions are not outlandish. GDP seem growing 2.7% in 2012 and 3.0% in 2013. Unemployment seen at an average of 8.9% in 2012 and 8.6% in 2013. The budget does call for tax hikes on upper income taxpayers and will there fore be killed in the US House of Representatives. Most of this is posturing ahead of the 2012 election. Obama knows he has no chance of having tax hikes implemented, so he asks for them and then gets to blame Congress for favoring the rich. Rinse/repeat.
- Comments
- Comment
- Comment #1
- Feb 13, 2012 11:27am Feb 13, 2012 11:27am
- MotownPhill
- | Joined Oct 2011 | Status: Member | 12 Comments
- Comment #2
- Feb 13, 2012 11:57am Feb 13, 2012 11:57am
- CalistogaKid
- | Joined Jun 2011 | Status: Certified Space Cadet | 35 Comments
"The only way to win the game is not to play." - B. S. Miller
- Comment #3
- Feb 13, 2012 11:57am Feb 13, 2012 11:57am
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #4
- Feb 13, 2012 11:59am Feb 13, 2012 11:59am
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #5
- Feb 13, 2012 12:03pm Feb 13, 2012 12:03pm
- CalistogaKid
- | Joined Jun 2011 | Status: Certified Space Cadet | 35 Comments
"The only way to win the game is not to play." - B. S. Miller
- Comment #6
- Feb 13, 2012 12:06pm Feb 13, 2012 12:06pm
- CalistogaKid
- | Joined Jun 2011 | Status: Certified Space Cadet | 35 Comments
"The only way to win the game is not to play." - B. S. Miller