Obama Serious About Balancing the Budget
May 12, 2009 at 08:08 AM EDT
[Skip to the end] Yes, it’s early, but seems he’s serious about his campaign promise to balance the budget. The economy won’t see the drop in demand until it actually happens. But valuations can adjust to rising tax rates long before GDP does. Obama Proposes New Taxes on Dealers, Life Insurance by Ryan J. Donmoyer May 11 (Bloomberg) — [...]