Sweet promises and the sour taste of fiscal reality

Boston Globe by Derrick Z. Jackson | Sep. 16, 2008 (Opinion)

With federal support for domestic programs run into the ground by Bush, it seems implausible that Obama can right the fiscal ship by taxing only corporations and the top 5 percent of Americans. His pledge is not as bizarre as Bush urging Americans to display post-9/11 patriotism by getting on planes to Disney World, but it does steer into the arena of illusion, that all will be well with 95 percent of the people not called to sacrifice.

To be ... Full Story »

Posted by Naomi Isler

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Subjects: Politics, Business, U.S.
Topics: Democratic Party, Obama Administration, Taxes, U.S. Budget, U.S. Economy
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Posted by: Posted by Naomi Isler - Sep 16, 2008 - 4:10 PM PDT
Reviewed by: Naomi Isler (review), Kaizar Campwala (review), Norman Rogers (review)
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Sep 16, 2008 - 4:32 PM PDT
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3.7
 by Kaizar Campwala - Sep. 16, 2008

A well-balanced read pointing out potential problems with Obama's fiscal plan.

See Full Review » (12 answers)
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3.5
 by Naomi Isler - Sep. 16, 2008
Naomi posted this story.
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1.0
 by Norman Rogers - Sep. 17, 2008

Since Bush has increased spending by 25% in 7 years how can it be that support for domestic programs is run into the ground? Obviously Obama's program is cynical class warfare and to take it seriously is to participate in the lie. Also, Obama wants to reduce the corporate tax, not increase it. This author hasn't the slightest clue.

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