Now He Can Sleep Soundly on Vacation
August 22, 2009
Two Drudgereport headlines today: 1) “Obama Hikes Ten-Year Deficit to $9 Trillion”; and 2) He “leaves Washington for Vacation.”
“Well done,” all the Obammunists must be saying. That’s $9 trillion more in resources that will be allocated by government, and not private individuals. More socialism, less freedom and prosperity. That of course is what he promised to achieve if elected when he said he wanted to “transform American society.”
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
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