Economic Rapture Might Be around the Corner

Economic Rapture Might Be around the Corner

It’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan testifies before the Senate Budget Committee, asserting: “If current policies remain in place,...
Job-Killing Tax Breaks

Job-Killing Tax Breaks

As the owner and general manager of two inns near Harvard University, I derive personal satisfaction and intellectual rewards from developing and running a successful small business. As a capitalist, I disagree with the politicians and policymakers who invoke the...
A Decade of Magical Tax-Cut Thinking

A Decade of Magical Tax-Cut Thinking

Republican leaders in Congress have a one-point program for whatever ails the nation: cut taxes for millionaires and large corporations. Got a revenue surplus? Cut taxes. Got a budget deficit? Cut taxes. Got a toothache? Cut taxes. These politicians are like my uncle...