Wednesday 10 February 2016

The Obama Budget: Run Up the Debt and Redistribute Wealth

https://soundcloud.com/trumpetdaily/the-obama-budget-run-up-the-debt-and-redistribute-wealth


















President Barack Obama’s $4.1 trillion budget is the culmination of seven years of an administration bent on redistributing America’s wealth. An editorial piece from Investor Business Daily reports that 70 percent of the budget is allocated for what is essentially “writing checks to individuals.” The budget focuses on financing social programs and is built around increased taxes on America’s wealthy. On today’s show, Stephen Flurry asks, What will happen when America runs out of other people’s money?

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