Clinton was right

President Bill Clinton was right when he called President-elect Barack Obama a fairytale before the election. Obama's health-care plan is going to expand coverage for 40 million new people, cover more things and cut premiums for everyone else.

How? Sorry I can't help you, perhaps someone can ask Obama to explain it. But consider Obama's tax plan to pay for it and the trillion dollars of new spending. He will only raise taxes on 5 percent and lower taxes on 95 percent of Americans. What genius. Now, Karl Marx thought of it first, but it still won't work. Actually most of the 95 percent aren't really getting "tax cuts."

Obama promised to give people refundable credits. So even if people owe no income taxes, you'll get your checks for free. Obama is committing economic malpractice by raising taxes in a recession because it risks making the economy worse.

The top 5 percent of taxpayers, mostly small businesses, already pay 60 percent of income taxes. They create most of the new jobs and are sensitive to higher taxes. Struggling or bankrupt businesses don't hire people and neither pays taxes.

Government raising taxes is like the farmer's choice. You can either eat the eggs or eat the chicken, but once you eat the chicken you'll get no more eggs.