Remember Barack
Obama’s New Era of Responsibility? It got off to an inauspicious
start, with a $787 billion economic stimulus package, a $410
billion appropriations bill, and a record $1.8 trillion budget
deficit. But now the president wants to signal that he’s serious
about cutting the federal budget. Unfortunately, writes Senior
Editor Jacob Sullum, Obama's plan hinges on the assumption that
Americans do not know how to calculate percentages.
Reason Magazine
New at Reason: Jacob Sullum on Obama's Broken Fiscal Promises
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