Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants
America to become Greece at a faster rate.
Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph in the wrong direction, but this seems like a Hobson’s choice for those of us who would prefer that America become more like Hong Kong or Singapore.
Consider the issue of taxation. Clinton and Sanders both agree that they want to raise tax rates on investors, entrepreneurs, small business owners, and other “rich” taxpayers. The only difference is how high and how quickly.
Scott Winship of the Manhattan Institute has a must-read column on this topic in today’s Wall Street Journal.
He starts by speculating whether there’s a rate high enough to satisfy the greed of these…
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