Monday, July 6, 2009

California’s Nightmare Is the Underscore to the Obummer Economic Unrecovery

California’s Nightmare Will Kill Obamanomics: Kevin Hassett - Bloomberg.com

"Obama has no story. Nobody believes that his unprecedented expansion of the welfare state will lead to enough economic growth. Nobody believes that it will pay for itself. Everyone understands that higher spending today begets higher spending tomorrow. That means that his economic strategy simply doesn’t add up."



And California will drive the rusty stake in the economic coffin. Time to give massive tax cuts to those who know how to build an economy...the private sector...industrious but not greedy.

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