Thursday, May 02, 2013

The Rich Have the Federal Reserve, The Poor Have Harry Reid

Obama's 'Fairness' Economy Has Backfired | RealClearPolitics:

Well written, concise, reality based article, read it all, but here is a sample.

The left's answer to this accelerating disparity under Obama will, no doubt, be more regulatory burdens, more tax hikes (the president is still obsessed with closing loopholes on private jets -- a rounding error, in his budget), more deficit spending and more programs that smooth over all the unjust vagaries of life. Most often, these solutions erect barriers to mobility for small businesses and entrepreneurs -- the types of people who help alter the dynamics of mobility. Despite what you may hear, more revenue for government doesn't create wealth. A freer economy and more societal stability do.
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