Econ Comments & Analysis
Real Clear Markets | Obama's Budget Is All About Whom You Know
A budget shows the priorities of whoever is doing the spending. Your family budget shows how much you value your home, education, religion, philanthropy, travel, clothes, etc. A person can say whatever they want, but your spending shows whether you are just talking or actually walking the walk. President Obama's budget proposal shows the whole country what his priorities are and the answer is that President Obama wants to control everyone's behavior using the federal government as both his carrot and stick.
