Barack Obama repeatedly assured Americans that his big-spending agenda wouldn’t result in tax hikes to the middle class. No, no, no, Obama repeatedly assured throngs of adoring crowds in 2007 and 2008 — soaking the rich would be enough to pay for a 33% expansion of the already-bloated federal budget. In fact, the middle class would see their taxes go down as Obama held the fat cats accountable. He rode the wave of John Edwards’ populism all the way to the White House. [...] Read the rest »
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