AMERICAN ISSUES PROJECT

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  • Obama supporters on cap and trade: a huge tax that will decrease GDP

    "I think if you get into the way it was written, it's a huge tax and there's no sense calling it anything else. I mean, it is a tax ." So says Warren Buffett , Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President's biggest supporters in the economic...
    Posted to AIP Blog by Despina Karras on 06-28-2009
    Filed under: energy, cap and trade, capitalism, free market, stimulus package, government spending, taxes, stimulus, job losses, tax issues, economic crisis, regulation, unemployment, green jobs, cap and tax, consumers, economics, environmentalists
  • The Failure of the So-Called Stimulus

    This week will mark four months since President Obama signed the stimulus bill into law. Four months later, unemployment has reached a 26 year-high, and only $44 billion of 'stimulus' money has been spent . Ironically, a recent Rasmussen poll shows that four months after passing the largest spending...
    Posted to AIP Blog by Despina Karras on 06-14-2009
    Filed under: wasteful spending, capitalism, stimulus, job losses, tax issues, spending, government, deficit, billions
  • Stimulus Fail: Not Timely or Targeted

    Remember when the Obama Administration said while pushing for the stimulus bill to be passed that it would be timely and targeted? The Heritage Foundation has been tracking the claims and has found that the bill is neither. As this chart provided by Heritage shows, the spending of the billions in the...
    Posted to AIP Blog by Alexa Shrugged on 05-25-2009
    Filed under: capitalism, stimulus package, government spending, stimulus, economic recovery, economic crisis, Heritage Foundation
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