Tuesday, July 31, 2012
Candidates for Congress and the Presidency, both incumbents and challengers, tend to talk in generalities. “We need more jobs!!” Really? “If only we could ask the rich to pay a little more,” or from the other side of the aisle, “A recession is no time to increase anyone’s taxes!” Unbelievable, isn’t it. Even when they elaborate in their position statements, the points they make are more likely to be superficial than identify the specific economic tools they recommend and explain precisely how those tools should be applied.