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Memo to Obama: Money Doesn’t Grow on Trees

By Michele McNeil — July 08, 2008 1 min read
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The L.A. Times this morning is throwing cold water on Sen. Barack Obama’s ambitious plans to spend all sorts of money on improving education, making men better fathers, and cutting taxes for the middle class—among other things that carry hefty price tags.

Budget analysts caution that in these tough financial times, Obama’s big ideas will run smack into harsh economic realities. And education will be just one of many competing priorities fighting for money and attention.

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