Tax Increases Could Kill The Recovery

In the Wall Street Journal, Martin Feldstein writes, “The barrage of tax increases proposed in President Barack Obama’s budget could, if enacted by Congress, kill any chance of an early and sustained recovery.”

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But is that a bug or a feature? As Glenn Reynolds recently pondered on a different topic, “So, a question: If Obama were trying to wreck America as a superpower, what would he be doing differently?”

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