Hillary Clinton: Accidental Supply-Sider
Posted in Main Blog (All Posts) on June 29th, 2010 4:32 am by HL
Hillary Clinton: Accidental Supply-Sider
Steve Forbes, Wall St. Journal
Secretary of State Hillary Clinton declared recently at the Brookings Institution, “The rich are not paying their fair share.”She then went on to praise Brazil as the tax holy grail for the rest of the world: “Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what—it's growing like crazy.” At first blush those kinds of words must make her neosocialist boss, President Obama, jump for joy. But is the secretary of state actually a supply-side subversive?
Economics Unhinged
Robert Samuelson, Newsweek
“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. … Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.”– English economist John Maynard Keynes (1883-1946) Receive news alertsWASHINGTON — Almost everyone wants the world's governments to do more to revive ailing economies. No one wants a “double dip” recession. The G-20 Summit in Toronto was determined to avoid one. In major…
Remembering Robert Byrd
Paul Begala, The Daily Beast
Robert Byrd of West Virginia, the longest-serving senator in U.S. history, died on Monday at the age of 92. He rose from rural poverty to the pinnacle of power, and journeyed from racism to racial enlightenment. His finest hour came in opposing the Iraq war. Paul Begala pays tribute to a statesman. The dumbest thing F. Scott Fitzgerald ever wrote was that there are no second acts in American life. In fairness to Fitzgerald, that line came from notes for a novel he never finished. One believes if he’d had time he would have tossed that sentence in the trash, because if…