President Barack Obama kicked off his "Shared Responsibility, Shared Prosperity" tour last week with a spirited defense of progressive principles -- hereafter known as America's "basic social compact."
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The rich people are out of control, they tell us. In order to get them back under control, they have to be taxed. Obama and his friends want to tax impose a super-tax on the 4 million household making more than $250,000 per year.
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Does it seem too strong to call the way America deals with its debt "madness?" If not madness, then what? Denial? An addiction? However you phrase it, we're a country that's in deep trouble, but so many of us seem unable to deal with it.
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