The strange budget priorities of Obama: Subsidizing car purchases for the 1% over poor children and airline safety

Economics News Politics

In my column for The Fiscal Times today, I remind readers that budgets are statements of priorities.  Barack Obama’s budget shows his priorities on many levels, both at the macro and micro level.  Given the large amount of new spending and higher taxes, it’s very easy to conclude at the macro level that Obama doesn’t think that spending reductions are a priority at all.  How about on the micro level?  Changes to three different programs give an even clearer indication of Obama’s priorities: …………..

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