Unfortunately this is just a link. Brian M. Reidl of the Heritage Foundation says it far better than I ever could. Just a snippet of the truth he brings to light, “The United States has created enormous wealth over the past 25 years. For President Obama to propose returning to economic policies of the Carter Administration, which brought stagflation and malaise, is unfathomable. Lawmakers should reject this budget and instead reduce tax rates for families and entrepreneurs, restrain runaway government, and reform unaffordable entitlements.”