Recent headline: “Hungary Has Trouble Forming Government.” If that doesn’t get its economy booming, nothing will.
Using a high-speed lens, a Washington photographer recently caught a Democrat in the act of proposing a tax cut. Senator Daniel Patrick Moynihan of New York—this is not, repeat not, one of our hoaxes—wants to roll back the new Social Security taxes. Moynihan points out that the Social Security surplus is only being used to create the illusion that serious deficit-cutting is taking place. Besides, he says, the tax is regressive. The Bush Administration opposes the move, leaving the Democrats, at this moment, the most conspicuous tax-cutting party.
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