In response to:

Obama Admin: Tax Cuts Work in China, Just Not in the U.S.

Reed42 Wrote: Apr 07, 2012 10:59 AM
Tax cuts raise revenue in this country every time the are tried. Liberals do not want to raise money so much as they want to punish sucess. Do not listen to their words, but look at their actions. Their words will never state such, but their actions always do.

While speaking recently about the communist government in China, Undersecretary of State Robert Hormats -- an Obama appointee -- praised China's decision to spur economic growth by lowering taxes. So, at least somebody in the Obama administration definitely understands and embraces the basic lower-taxes-equals-higher-productivity principle of free-market economics, while President Obama himself chooses to neglect that certain principle. I award the administration zero points for consistency on this one:

“China lowered taxes very recently, which will help increase demand, but it’s also good to boost consumption in China,” said Hormats. “So I think what’s interesting is that—sure,...