“Say what you like about negative political campaigning,” a prominent New York Democrat whispers, “it’s a helluva lot more honest than positive campaigning.”
Reagan may be gone, but the forces of greed are still out of control. Lamenting the House vote in favor of reducing the capital-gains tax, Time moans that Congress has indulged in a “politically irresistible orgy of tax cutting. . . . Washington cannot say no to any kind of giveback.” The cut only feeds “the nation’s hunger for immediate gratification.” Ah, the rapacity of these people who want to keep their own money! What’s happening to the national fiber?




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