Obama is Choking Recovery

Charles Gasparino lets loose in the NY Post:

The number-crunchers at the Treasury Department have been celebrating what appears to be the end of the Great Recession as told through rising GDP, higher business profits and a buoyant stock market. But owners of small businesses -- the usual engines of economic growth -- are still refusing to hire back workers as they normally do when the economy turns up from a sharp decline.

Talk to them, and they'll gladly tell you why: Having weathered the recession, they now fear the administration will choke off the nascent recovery and increase their costs through higher taxes to pay for the myriad of programs President Obama has in store for us, including the hyperexpensive health-care overhaul.

Read it all. Related: A Tribune piece on former Illinois Republican Sen. Peter Fitzgerald's conservative banking practice, with this quote from the famously straight-talking Fitzgerald:

For the banking industry and American households, Fitzgerald foresees a tough period of balance-sheet restructuring ahead. "It could take a very long time," he warned.

Meanwhile, he said, the politicians who keep urging banks to lend and families to spend should be ignored. And for the most part, they will be, he predicted. "The near-depression we just went through scared people to the point their behavior will change."

Americans are resilient, but it would be nice if the government stopped stepping on our throats. Hogging all the money--wasting it, and crowding out the private sector. Democrats' Broken Window Fallacy - Ross Kaminsky, American Spectator

P.S. AP IMPACT: Road projects don't help unemployment

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