Obama's Plan: Time for Him To Go
In my Mark Knows It All column, I mostly try to do non-political or semi-political pieces. This time I can’t hold back any longer. The Chicago Tribune ran an editorial today saying Obama should not run for re-election. Partial tongue in cheek notwithstanding, I agree, especially after the speech Obama gave relating to spending cuts and tax increases. Does this guy have a clue? His plan incorporates billions of dollars in spending, and claims it is paid for through “cuts”. Those cuts mostly stem from walking away from the Iraq and Afghanistan (already accounted for in budger calculations), and lower interest rates. Oh yes, he wants to cut reimbursments to nursing homes, doctors and pharma companies. Now there's a plan. And those war savings? Smoke and mirrors. Our troops are leaving, but are being replaced by private contractors paid for and trained by us, the taxpayers. Even more irritating is his so called Buffett tax plan. Warren Buffett, who is worth approximately $55 billion...