You didn't hear? He announced that because of the economic crisis, he's nationalizing all the industries and imposing an across-the-board 90% tax rate on overyone! My God, they were right! He is a communist!

Ha ha! Just Joking.

It is going to be a difficult agenda to move and to fund with the way the economy is right now. I'd say the first priority will be getting the economy on track. Any tax INCREASE will probably have to wait, even the one we wanted to bankrupt Joe the Plumber. I kind of hope the Democrats resist the same cash giveaway kinds of stimulous packages Bush liked. If the economy needs stimulous, it should come in the form of the investments in infrastructure and alternative energy that Obama also wants to do. It's a way to get the money inti the economy, but actually get something of value for it as well.
dragonrider Reviewed by dragonrider on . obamaconomics WOW! that was a great party...now that the celebrations are over, it is time to get back to reality how the hell is obama going to manage the fiscal emergencies facing the usa? on the revenue side: - increased taxes on people making over $250,000 doesn't kick in until the bush tax cuts expire in 2011(?) - the recession is going to cause a general decrease in tax revenues on the expense side: - obama is stuck with the $700 billion bailout package he supported but will have limited Rating: 5