[AUDIO]: Peter Morici Doesn’t Give Obama’s Budget Much Prospect for Passing!
Peter Morici, Economist and Professor at the Smith School of Business, weighed in on the budget that Obama submitted his morning. “A lot of these taxes sound very attractive to the left… but I don’t really give them much prospect for passing. 30 percent’s an awfully big bite.” Morici said. He went on to explain that Obama wants people that are “dependent on the system,” because “that makes them good targets for democratic candidates.”
