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Tax-Cut Politics


Just last summer, Democrats were posing as the investor’s best friend, the party that would save him from unscrupulous corporate managers. But I see from the Hotline that Rep. Robert Menendez, New Jersey Democrat, is attacking the president’s plan thus: “We stimulate the job market. The president’s plan stimulates the stock market.” Is this wise of the Ds? I would guess that more Americans have been hurt by the substantial decline in stocks than by the modest uptick in unemployment.


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