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
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