Barack Obama said in an interview, this week, that he thought that a capital gains tax rate of 25% would not be too high. The reporter questioned him on whether that would be a good idea in a time of economic downturn, and he said that Warren Buffet told him that rate would be just fine.
America desperately needs a leader who will have the political huevos to stand up to the entitlement industry and tell the truth: Social Security and Medicare are bankrupting the nation, and we cannot afford them, as they are, anymore.