The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.
Dick MorrisGrowth demands investment, and investment demands stability. So the more Obama stirs the pot with his proposals and potential changes, the more he retards exactly the investment he needs to get the economy moving again.
Dick MorrisLike the battleships of old, omnibus programs present too tempting a target, too easily destroyed by a single attack, to make it through a fight.... It is through incremental change after change, step after step, that a statesman of today can vindicate a bold vision.
Dick Morris