Friday, July 10, 2009

The Road to Economic Demoralization

Columnist Larry Kudlow's article on Obamanomics and its effect on businesses and our standing in the world economy refutes the notion that we can tax our way to a greater economy. Europe has been there and done that and is now showing signs of adopting Reaganomics. China is changing toward capitalism and prospering while the USA is going the way of the failed policies of socialism.

Where is the incentive to take risks if all earned wealth is redistributed to the unproductive and Government dependents?


Larry Kudlow's Article

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