The Greatest Economic Stimulus Plan Ever!

By Wayne Allyn Root

As we reach the big day of President-elect Barack Obama's inauguration, it would seem like an ideal time to talk about the greatest challenge facing his new administration - the triple whammy of economic meltdown, credit crisis, and crisis of consumer confidence. All of them have combined to create the "Perfect Storm" - what appears, to a small businessman like me, to be The Great Depression, Part II. Obama believes that the way to get out of an economic toxic disaster caused by too much government spending and debt is to spend more and go further into debt. Interesting logic. Obama's solution for this economic tsunami is more government spending in the form of more bailouts; a massive trillion dollar (or close to it) economic stimulus package, and tax cuts offered to people that never paid taxes in the first place. What is so interesting about this Obama game plan is that it proves that we have once again elected a president that is either ignorant or oblivious to the United States Constitution. Nothing in the Constitution authorizes any of this kind of federal government intervention. Virtually the entire Obama economic game plan is unconstitutional. [more...]