Obama has proposed some legitimate change. Obama and other Democrats also plan to increase the deficit further through increased spending on infrastructure and environmental projects. Increased spending will move more of the American economy into the public sector. This move by the Obama administration would simply raise the burden of government on the private sector. This is effectively a tax increase. The cost of this tax will only be completely obvious at such a time as actual income-tax rates rise to pay down the debt that Obama plans to accumulate. In the meantime, we will pay largely unseen taxes based on the difference between what we get from new federal spending and what we could have had through private spending.
Obama's idea for change is to spend more than GWB did. That's not the change we need.
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