"It is a paradoxical truth that tax rates are too high today, and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the tax rates…. [A]n economy constrained by high tax rates will never produce enough revenue to balance the budget, just as it will never create enough jobs or enough profits."--JFK
That would be JFK of John Fitzgerald Kennedy fame, one of the most revered heroes of the politically left of center.
That was then…
The Timeless Principles of American Prosperity
This is now…
Federal Debt and the Risk of a Financial Crisis
And this might be the future come January 1, 2011...
What Would Happen if the Bush Tax Cuts Expire
So how do we spur the economy on, trim the ballooning deficit’s a tad and restore some fiscal sanity?
Why, you, the Financial-Greenhorn-in-Chief, makes an appearance on “The View” so as to court those white, Jewish, Latino and independently-registered female voters who have deserted you in droves, that’s how.
Strict ideology over sound policy. Partisan politicking rather than leading. Party first, country second.
Philistinism begets more philistinism.