The Twisted Budgeting 'Logic' of an Obama Liberal

President Barack Obama believes that small businesses should pay for big government programs. Just ask the President's Teasury secretary, Timothy Geithner. Pushed for an explanation of Obama's insistence on raising taxes on families earning $250,000 or more (encompassing a large portion of businesses that could provide many jobs), Geithner presented a hand-waving argument. If taxes are not raised on such earners, the government will have to "finance" a "tax benefit" for those earners. Geithner's exact words: We're not doing it because we want to do it, we're doing it because if we don't do it, then, again, I have to go out and borrow a trillion dollars over the next 10 years to finance those tax benefits for the top 2 percent, and I don't think I can justify doing that. Stunning. Nothing short of bloody stunning. I suppose that if some goon backs a grimy old truck up to your garage, holds a gun to your head, nabs all of your electronic entertainment systems, and drives away, then...(Read Full Post)