Sunday, February 21, 2010
Kudlow on Solving US Debt
Finally the gridlock in Washington is slowing down the Democrat majority and their spend, tax and debt raising ways. The spending binge that Obama and his Democrat “bigger government is better” allies in Congress have been on since January 2009 is beginning to slow, as recent elections (GOP governors in New Jersey and Virginia, plus the upset US Senate race victory in Massachusetts by Scott Brown) have changed the political landscape. The Tea Party Movement, quickly dismissed by the Main Street Media (MSM) and Democratic operatives, is gaining traction, as the American people sense something is very wrong with Washington DC: President Obama is proposing US Government overspending with no end in sight.
Well know supply-sider Lawrence Kudlow makes his case for a make over of the approach the Democrats are taking in Washington: Cut the spending, bring the deficit down to 2% or 3% of the GDP and bring taxes into line with pro-growth policies.
Some quick info, via www.wikipedia.com Just search: Lawrence Kudlow.
© 2010, Jasper Welch, Four Corners Media, www.jasperwelch.org