You can only contain your inner Lenin for so long [Reader Post]

The real Vladimir Ilyich Obama stands up

As part of his fantasy “deficit reduction” plan, Barack Obama proposed a number of new taxes. One of them was the so-called “Buffett Rule.” When it was initially proposed, it was part of the plan to reduce the deficit.

Huge deficits and debt: Obama’s ultimate redistribution program [Reader Post]

In 2009 Obama promised to halve the deficit by FY 2013. As Jim Geraghty said…….oh heck, I am tired of quoting that. Barack Obama has ballooned both deficits and the national debt. At the rate he’s going he will double the national debt to 26 trillion in ten years.

“In 2021, the national debt will have risen to $26.3 trillion, increasing by $1 trillion every year until 2021. Obama’s budget does not contain any plans for balancing the federal budget or reducing the national debt.”