Most people do not know that already enacted in current law for 2013 are
increases in the top tax rates of virtually every major federal tax.
That is because the tax increases of Obamacare become effective that
year, and the Bush tax cuts expire, which Obama has refused to renew for
the nation's small businesses, job creators and investors.
Also by 2013 Obama's regulatory tsunami will be building to a crescendo
of increased costs on the economy. And the Fed, now committed to
maintaining loose monetary policy through the election, will be
reversing course right after to head off inflation, which will add to
the contractionary effects on the economy.
The result will be one whopping, horrendous, record shattering
recession, unless America changes course. In this explosive Broadside,
former Reagan White House policy advisor Peter Ferrara exposes the final
calamitous consequences of Obama's assault on prosperity