Unfortunately, some people misinterpret the insights of the Laffer Curve. Politicians, for instance, tend to either pretend it doesn’t exist, or they embrace it with excessive zeal and assume all tax cuts “pay for themselves.”
Democrats want higher taxes on the rich and say GOP stalwarts are "selfish." Republicans oppose tax hikes and say the Dems are big-government empire-builders. Impasse? Not necessarily.
Bored with the Penn State scandal because it didn't implicate any prominent Republicans, the mainstream media have suddenly become obsessed with Grover Norquist's "Taxpayer Protection Pledge." They are monomaniacally fixated on luring Republicans into raising taxes.
Judging by the number of comments on the story, liberals are very offended that I believe Obama is the "The Worst of All Possible Presidents." Somehow, I think, I'll learn to live with the guilt. Over time, I might even learn to laugh about it. Yep: Time's up.
Political pundits suggest that Colorado is “the king of swing states,” a “critical swing state,” and a “super swing state” because of the movement of our political pendulum from red to blue to purple in just the last decade, as well as our high number of unaffiliated voters. If that's true Democrats are dead, politically.
Wars and depressions largely characterize the periods of time where there have been significant run-ups in the level of the U.S. National Debt Burden per Capita, with the debt taken on to support the costs of the U.S. Civil War and World War II being the most significant.
At the Heritage Foundation last week, House Budget Committee Chairman Paul Ryan demonstrated why he doesn't need to be running for President to be framing the debate for 2012. He delivered there on October 26 a breathtakingly beautiful speech on Saving the American Idea, which defines the Spirit of 2012.