Red Eye Blog: 2/13/13

Elderly, Disabled Struggling on Carnival Cruise Ship, Passenger Says

(ABC News, image via AP)

 

In December of 2010, the President recognized that raising taxes has a negative effect on the economy as he signed the tax cut extension. Here is further proof that it does hurt the economy. Yet, during Tuesday's SOTU, he called for more tax increases. Make no mistake…his agenda, which is based on the redistribution of wealth, takes priority over even the most crucial issues like the economy. – Eric


Higher Taxes Put the Brakes on Retail Spending

(CNBC)

 

In December of 2010, the President recognized that raising taxes has a negative effect on the economy as he signed the tax cut extension. Here is further proof that it does hurt the economy. Yet, during Tuesday's SOTU, he called for more tax increases. Make no mistake…his agenda, which is based on the redistribution of wealth, takes priority over even the most crucial issues like the economy. – Eric