The scariest thing I heard last week was a radio interview with Princeton economist and New York Times columnist Paul Krugman. Mr. Krugman said the federal deficit is growing so large and so quickly that one of three potential outcomes is nearly inevitable.
Outcome one – higher taxes. It’s fairly certain George W. Bush [...]
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Relative Absolution
Is everything relative or are there absolute truths? It’s a good
question for our presidential pre-season, when we measure how short
each candidate falls from our absolute ideal. Relativity kicks in
during next year’s primaries, when we begin deciding Candidate A is
relatively better than Candidate B.