From Keynesianism to Socialism | FrontPage Magazine

From Keynesianism to Socialism | FrontPage Magazine:

The Office of Management of Budget published its Mid-Session Review July 23, forecasting Federal outlays and tax revenue to 2020. The numbers presented showed that the Obama administration has transformed government finance far beyond the immediate need of stimulating the economy to pull the country out of a major recession. Obama has locked the country into dangerously high structural deficits that will persist even after the economy resumes normal growth."