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The Mismatch of Obama’s Middle-Class Economics

With his recent budget proposal, President Obama has provided some badly needed details for the bold and ambitious set of social programs and tax hikes that he has dubbed “middle-class economics.” Many parts of the proposed budget are unlikely to advance in a Republican Congress. But President Obama’s vision for a new era of “middle-class economics” suffers from a larger defect: there’s a fundamental mismatch between the President’s spending programs and his tax proposals…Read More

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