Categories: Economy, Featured, Politics, Tax Policy
Obama’s new deficit plan is as high on populist rhetoric as it is on taxes
The conservative’s dilemma
The American conservative has reached a certain crisis of conscience. With the American economy caught between a rock and a hard place, he must sail cautiously the dangerous waters of economic stalemate and double-dip recession fears, charting a delicate course between two equal and opposite dangers.
On the one side stands taxes, to which he is ideologically opposed, not so much because he objects to funding the government, but because he believes the government’s role should be a small one and because he fears the money, which he could put to work, will just be wasted. On the other side of the… Read more…