After a lengthy period of silence, Democratic candidate for the U.S. Senate Tim Kaine has announced that he will indeed support President Barack Obamas plan to raise taxes to fund his ill-advised second attempt at spending his way into economic prosperity.
As history shows, the American Recovery and Reinvestment Act of 2009 squandered nearly $800 billion of taxpayer, showering the funds on suspect yet administration approved solar panel companies and labor union interests. Meanwhile, unemployment still registers at 9.1-percent, the federal debt and deficit are at record levels, and Americas credit rating has been downgraded.
President Obama and those who agree with him are proposing to send good money after bad.
AFP-Virginia state director Trixie Averill today issued the following statement: