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Word: wrongfulness (lookup in dictionary) (lookup stats)
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...idea that high tax rates brought diminishing returns was not controversial or even new--Laffer traces it to 14th century Muslim philosopher Ibn Khaldun. But few economists in the 1970s even considered that real-world tax rates could be on the wrong side of the Laffer Curve. Laffer thought they might be, and Wanniski argued on the Journal's editorial page and elsewhere that they almost certainly were. The claim became a key plank of Ronald Reagan's successful 1980 campaign for President...

Author: /time Magazine | Title: Tax Cuts Don't Boost Revenues | 12/6/2007 | See Source »

...Klein is wrong about the Democrats being "tone-deaf" on national security. The problem is, nobody has yet figured out the good answer for the bad question "Are human rights more important than American national security?" The right answer is that without human rights, America cannot have national security. It is not "our freedom" that Osama bin Laden hates. It is the fact that we preserve our rights here in America but deny the same freedoms to others. Every time we infringe on human rights in an effort to bolster security, we lose both. Denying human rights has always been...

Author: /time Magazine | Title: Inbox | 12/6/2007 | See Source »

Klein called the Democrats "tone-deaf" for acting on the demands of the American people that we bring the Iraq war to a close. And he says we are "well beyond stupid," but he got most of the facts wrong about the debate over changing the Foreign Intelligence Surveillance Act (FISA). Klein falsely claimed that the bills supported by Democrats in the House and Senate would require individualized warrants to wiretap calls made by foreign targets. Instead, the bills require such warrants only when the government targets Americans, something we should all agree is necessary. Klein was also flat...

Author: /time Magazine | Title: Inbox | 12/6/2007 | See Source »

...that classic Soviet aggression machine, the same way that they'd taken over Hungary in 1956 and gone into Czechoslovakia in 1968--that it was those robots that showed up on Lenin's Tomb every May Day. And I thought, They have made a mistake equal to anything wrong America has done. I remember thinking that it could turn into their Vietnam...

Author: /time Magazine | Title: Remaking History | 12/6/2007 | See Source »

...concept of John Harvard as a character is not me at all, which was actually very liberating to play. I think people that saw me were like, “Oh, there’s Alex and he’s crying. Oh my God. What’s wrong? Oh yeah, he’s in a movie. Got it.” I don’t think they were expecting the intensity of the film. FM: We all feel deeply connected to John Harvard…but crying about him?! How exactly did you pull that...

Author: By Molly M. Strauss, CONTRIBUTING WRITER | Title: The Statue's Reincarnation | 12/5/2007 | See Source »

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