Obama vs. Economics 101

Williams, Armstrong
October 2008
New York Amsterdam News;10/23/2008, Vol. 99 Issue 44, p13
The author reflects on the impact of the proposed economic policy of Democrat presidential nominee Barack Obama in the U.S. According to the author, raising money for social programs by increasing taxes on the rich might not necessarily create a larger government pot. The author said that creating disincentives for business means that fewer businesses will hire employees, making scarcer and reducing income among those who are able to find work.


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