Obama’s Radicalism Is Killing the Dow

Posted on Thursday, March 12, 2009 at 10:55 pm

boskin_michael_100.jpgMichael J. Boskin: Mr. Obama’s $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W. Bush — combined. … And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs. See here.