Friday, March 06, 2009

The budget

The Economist calls Obama's budget "wishful, and dangerous, thinking" while Stuart Taylor of National Journal says that its priorities are akin to watering the lawn while the house is burning. And remember, this is coming from people who like Obama.

Update: In the interest of fairness I should also include this bit from an Obama critic:
To be fair, specific parts of the president's budget are admirable and deserve support: increased means-testing in agriculture and medical payments; permanent indexing of the alternative minimum tax and other tax reductions; recognizing the need for further financial rescue and likely losses thereon; and bringing spending into the budget that was previously in supplemental appropriations, such as funding for the wars in Iraq and Afghanistan.
That said, the rest of the column is quite critical.

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