Sunday, November 25, 2012
Menace to Prosperity
The looming tax increase if America tumbles down the fiscal cliff could be enough to trigger an economic depression the likes of which has not been seen since 1929. Raising taxes on those who could create employment at the time job creation is most needed is exactly the wrong course of action, but is precisely what our great class warrior President Barack Hussein Obama wants to do. Sadly but ever so predictably, a growing list of midway moderate Republicans are breaking their "no new taxes" promise to reach across the aisle and seal the fate of our national economy with their gleeful embrace of redistribution of wealth, a concept that has failed to grow prosperity every time it has been implemented in human history.
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