The demonization campaign is in full swing in Texas.
Location: View southbound from Interstate Hwy 35 just north of exit 315, town of Bruceville, TX
Question: How is the Earned Income Tax credit (EITC) pioneered by Richard Nixon, Treasury Secretary Connally (a Texan), and Economist Milton Freedman less "socialist" than Obama's stimulus plan that simply routes money to "shovel ready projects" in the states to reduce the "pro-cyclical" impact of reduced state government spending? The EITC is a shameless form of wealth transfer, almost like the "Negative Income Tax" (NIT) Freedman advocated along with his flat tax. Yet, there is an effort to demonize Obama for a stimulus plan less shamelessly "Socialist" than the Nixon-Connally-Freedman program?