Obama’s record on government and the economy is actually worse. He and his surrogates keep maintaining that his budget won’t hurt the pockets of 95 percent of Americans who will get a tax cut.
They lie. The lead editorial in the Feb. 27 Wall Street Journal showed by just how much. Using 2006 tax records, The Wall Street Journal showed how a tax hike won’t begin to pay the 2010 budget of the $4 trillion. Even if the government were to confiscate (aka steal) every penny made by those who earn $250,000 and above, it would only meet one-third of the goal.