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
  • Of Joblessness and Budget Deficits

    President Obama’s prediction of 3.5 million jobs arising out of the stimulus bill is starting to unravel, as was inevitable. Christina Romer, chairwoman of the White House Council of Economic Advisers, told C-SPAN yesterday that we won’t see positive job growth until 2010. This follows April’s...
    Posted to AIP Blog by Eric Fehrnstrom on 05-11-2009
    Filed under: wasteful spending, budget, taxes, stimulus, unemployment, jobs
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