Hamilton: TaxVox » Blog Archive » Why Tax and Transfer Programs Often Discourage Work and Savings
Gore knows that regulated, free enterprise is no oxymoron and is the known practical ideal, not that of that Rand ” Capitalism- the Unknow Ideal,”
A few weeks shy of his 65th birthday, the grandfather of three, Al Gore is free of the past and all about the future. More specifically, he’s all about The Future, his latest book. An attempt to sum up six key realities—he calls them drivers—that will shape the years ahead, Gore’s book touches every base: robots, deep-sea phosphorus, financial derivatives, even urine recycling and goats modified to secrete spider-silk proteins from their udders. In the classroom of life, he’ll always be the kid whose hand is up.
The Future offers a glimpse of the thinking that has made the former Vice-President a go-to guy for the giants of Silicon Valley. Many high-ranking public officials make millions peddling their names and connections, but Gore, the subject of a new piece in the latest issue of TIME (available to subscribers here), has something extra, which the business world values…
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How would you reply to reactionaries who reject all this?
By James Kwak
“We do not believe that in this country, freedom is reserved for the lucky, or happiness for the few. We recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss, or a sudden illness, or a home swept away in a terrible storm. The commitments we make to each other – through Medicare, and Medicaid, and Social Security – these things do not sap our initiative; they strengthen us. They do not make us a nation of takers; they free us to take the risks that make this country great.”
Many liberals have been heartened by these words, spoken by President Obama during Monday’s inaugural address. Indeed, they represent one of the few times when anyone, including the president, has even attempted to defend our major social insurance and safety net programs. The usual posture among…
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What do you think about those three articles of his?
Hamilton: On Budget Cuts, the Political Gap Is Informational, Not Ideological