I'm now just shy of 60 years old. I've watch LBJ, Jimmy Cater, BH Obama and perhaps to a lesser degree Billy Clinton,do exactly the same things...TAX, SPEND, TAX SOME MORE. The biggest difference between Obama and Carter is that Obama is not satisfied with just taxing more...he continues to BORROW more and TAX MORE.
Each time we have suffered as a nation economically from the expansions in government. Only in Bill Clinton's Administration (where the Republicans did their job to control spending) did the nation's economic outlook improve. Had it not been for restraint by the House, Bill would have over spent as well. The disaster in the making continues with a hunger of a roaring fire consuming everything that will burn.