Overview
There will be no substantive cuts in spending as long as Barack Obama is in power. There will, of course, be a lot of political babble about cutting waste and fraud, but the real problems (such as Social Security and Medicare) will continue to go unresolved. These are the
“mandatory ” items in the budget that guarantee that no serious spending cuts will be implemented at least until 2012 — if then.
Washington will continue to tax and regulate the Entrepreneur, because he is the easiest target for the government’s insatiable appetite for expropriating money and increasing its power over both individuals and the free market. The Entrepreneur stands in the way of everything the progressive desires to achieve, because his methods are better, cheaper, and more efficient than the government’s.
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