From Jim Welsh, whose MacroTides have graced the Think Tank for several years now.
Jim wrote this last night:
“Fully 95% of Republican members of Congress have signed the Americans for Tax Reform Taxpayer Protection Pledge. Signors pledge that they will ‘One, oppose any and all efforts to increase the marginal income tax rates for individuals and/or businesses; and Two, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing rates.’
We agree in opposing tax increases for the middle class, but to oppose any tax increase in a time of budget crisis is putting this pledge above country.
Is this pledge always supportive of the common good? For any member of Congress, the most important pledge is this. “I pledge allegiance to the flag of the United States of America and the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.’ ”
-Jim Welsh, December commentary
Nicely said . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.