Useful Links for March 2nd through March 6th
These are some links for March 2nd through March 6th. Enjoy!
- Michael Boskin Says Barack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation – WSJ.com – The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents — John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance — President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.
- RealClearPolitics – Articles – Deception at Core of Obama Plans – The "day of reckoning" has now arrived. And because "it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament," Obama has come to redeem us with his far-seeing program of universal, heavily nationalized health care; a cap-and-trade tax on energy; and a major federalization of education with universal access to college as the goal.
What's going on? "You never want a serious crisis to go to waste," said Chief of Staff Rahm Emanuel. "This crisis provides the opportunity for us to do things that you could not do before."
- IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor’s Business Daily — On The Road To Socialism? We’ve Arrived! – Where the U.S. government usually consumes 21% of gross domestic product, this Obama budget spends 28% in 2009 and runs a deficit of $1.75 trillion, or 12.7% of GDP. That is four times the largest deficit of George W. Bush and twice as large a share of the economy as any deficit run since World War II.
Add that 28% of GDP spent by the U.S. government to the 12% spent by states, counties and cities, and government will consume 40% of the economy in 2009.
We are not "headed down the road to socialism." We are there. - RealClearPolitics – Articles – Obama’s Strange Habit of Denying What He’s Doing –
I don’t know where you get your links, but I wrote about that first piece in my journal and I found it through:
http://gregmankiw.blogspot.com/
and thought you might like his blog.
He is a conservative economics professor at Harvard and he collects links and provides commentary on important economic happenings.