Obama’s Big-Government Vision

Senator Barack Obama is very gloomy about America, and he’s aligning himself with the liberal wing of the Democratic party in hopes of coming to the nation’s rescue. His proposal? Big-government planning, spending, and taxing -- exactly what the nation and the stock market doesn’t want to hear. Obama unveiled much of his economic strategy in Wisconsin this week: He wants to spend $150 billion on a green-energy plan...

The Obama spend-o-meter is now up around $800 billion. And tax hikes on the rich won’t pay for it. It’s the middle class that will ultimately shoulder this fiscal burden in terms of higher taxes and lower growth.

READ MORE