All posts tagged: taxes
Among liberals, it’s almost universally assumed that of the two major parties, it’s the Republicans who have become more extreme over the years. That’s a self-flattering but false narrative. This is not to say the Republican Party hasn’t become a more conservative party. It has. But in the last two decades the Democratic Party has moved
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During the Obama presidency, the national debt has nearly doubled, federal spending as a percentage of the gross domestic product reached a post-World War II record, and the federal government extended its reach in health care, higher education, corporate governance, the energy sector and much else. President Obama inherited a financial crisis that his defenders insist
Read MoreAccording to White House senior adviser Dan Pfeiffer, “middle-class economics” will be the “core theme” of President Obama’s State of the Union speech this evening. Mr. Pfeiffer, appearing on CBS’s Face the Nation, said, “I think we should have a debate in this country between middle-class economics and trickle-down economics and see if we can
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