Word: taxed
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...keep his advisers always guessing. In Suskind's book, O'Neill's assessment of Bush's executive style is a harsh one: it is portrayed as a failure of leadership. Aides were left to play "blind man's bluff," trying to divine Bush's views on issues like tax policy, global warming and North Korea. Sometimes, O'Neill says, they had to float an idea in the press just to scare a reaction out of him. This led to public humiliation when the President contradicted his top officials, as he did Secretary of State Colin Powell on North Korea...
...being politicians at all. Their innocence of national elective experience is a virtue. Their tough temperaments and raw styles are suited to a Democratic base alienated by dignified leaders in Washington who got rolled by the Bush revolution. Neither has any embarrassing votes to explain--for a war, a tax cut, a budget. Both have sucked in unprecedented amounts of cash, Dean in little squirts from his many online allies, Clark from the deep gushing pockets of party patrons who will pay any price to stop Dean before it's too late. Dean raised $15 million in the last quarter...
...read, the White House decision-making process was even more mysterious. Each time O'Neill tried to gather data, sift facts and insert them into the system for debate, he would find discussion sheared off before it could get going. He tried to build fiscal restraint into Bush's tax plan but was thwarted by those who believed, as he says, that "tax cuts were good at any cost." He was losing debates before they had begun. The President asked for a global-warming plan one minute and then while it was being formulated, announced that he was reversing...
...positive idea is already contained in every complaint and objection raised by Democrats today. Dems can look beneath their outrage at the tax cut to find the sense of justice and mutual responsibility that it offends, and see their anger about the deficit in terms of the kind of future that it sacrifices. How about a catalog of things that we could do if the government only had the resources? We can point out afterwards why, with this crew in power, we can’t afford them. Instead of railing against the way the war has been handled, they...
...college graduates with specialized skills. The benefits to America as a whole from one person going to college are greater than the benefits to the individual—what economists call a positive consumption externality. For example, this hypothetical college student would earn more, thus giving the government more tax revenue, and she also might start a company that would generate new jobs. Unfortunately, people decide whether or not to go to college based on benefits to them alone, which means that we have underconsumption of college education...