Monday, April 23, 2012

The president’s incoherent economic ‘philosophy’

When you strip out all of the excessive and grandiose rhetoric, what the president is attempting to argue ... is that the keys to higher economic growth in the United States are higher marginal tax rates on the successful, no reforms to entitlement programs, and more government spending on selected "investments." To say that this is a pathetic plan for growth would be to give it too much credit.

by James Capretta