Brilliant: Looming Obama Tax Hikes Threaten To Send Economy Into Real Depression

The invaluable Jim Pethokoukis explains the anchor about to lasso the economy and drag it under.

If you combine all the other tax increases from 1980-1993, they add up to 3.3% of GDP, according to the brilliant budget team at Strategas Research. The coming “taxmageddon” of 2013 surpasses all those tax hikes combined!

How could the Obama White House even toy with the idea, which it has, of letting them happen?

How could Democrats let this happen?

Simple. For this group of radical Leftists, ideology trumps reason, history, experience and logic.

Plus, our beloved Golfer-in-Chief is "historic".