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Tuesday, March 2, 2010

Pay for the Wars

CAN LIBERAL PUNDITS SET AN AGENDA, RATHER THAN JUST RESPOND?

Alan K. Simpson and Erskine Bowles are an okay start.

The President needs to appoint an economist who knows how FDR and Truman paid down the war debt.

The President needs to appoint an economist who knows how FDR and Truman paid down the war debt.
We'll have plenty of it to consider and the most aggressive techniques have to be on the table, if there is a "compromise" to be found.

Second, he needs someone who is unorthodox on trade policy, who understands that we have to boost national savings and that we can use the tax code to do it (and not by making Roth conversions available to the wealthy, as did Bush et. al. - d'oh!).