Saturday,  April 13, 2013 • Vol. 14--No. 268 • 4 of 31 •  Other Editions

The President's Budget is more of the Same, Big Government Big Spending

 

• Recently the March jobs numbers were released and it was more grim news for the American economy. We learned that nearly 500,000 Americans stopped looking for work, driving down the labor force participation rate to 63.3 percent, the lowest level since Jimmy Carter was president. In fact, if the labor force participation rate was the same as it was when the president took office, the unemployment rate would be 11 percent. Just days after the March jobs report was released, the president had an opportunity to lay out an economic plan in his budget proposal that would help get the nation's fiscal house in order while promoting economic growth and job creation.
• Instead, the budget proposal put forward by the president represents more of the same failed economic policies that have led to the worst recovery since World War II. Rather than pursuing new pro-growth, taxpayer-friendly policies, the president's proposal doubles-down on his job-destroying tax hikes. His budget would raise taxes by $1.1 trillion on

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