The Obama budget — a bold, even radical departure from recent history, wrapped in bureaucratic formality and statistical tables — would sharply raise taxes on the rich, beyond where Bill Clinton had raised them. It would reduce taxes for everyone else, to a lower point than they were under either Mr. Clinton or George W. Bush. And it would lay the groundwork for sweeping changes in health care and education, among other areas.
More than anything else, the proposals seek to reverse the rapid increase in economic inequality over the last 30 years.
About time! That's what I've really been wanting all these years. Foreign policy and all that is important, but I really want someone to stick it to the rich people... and get things back to the WPA days.
That's a bit rash, but my main thing is that Clinton never cared about inequality. He cared about the little guy, sure, but not inequality. If Obama does, then I'm more or less satisfied.