Ernie:
I think we are on the same page. I was favorably taken 
by Gerson's serious attempt to be even-handed without rancor.
 
but as you said, re: the need for a new economic / political paradigm  --
Alas, nobody (in either government or civil society, it seems) is  
seriously 
asking that question, much less providing a robust  answer.
 
You sure got that one right.
 
Billy
 
=============================================================
 
 
 
In a message dated 1/27/2010 9:43:52 A.M. Pacific Standard Time,  
[email protected] writes:

Hi  Billy,  


On Jan 27, 2010, at 9:19 AM, [email protected]_ (mailto:[email protected])  
wrote:

 
 
It is not enough for the president to argue that health reform is really  a 
jobs program or that energy policy will create green jobs. Job creation  
depends on a vigorous private sector, which requires a better atmosphere for  
small-business creation and expansion, which means fewer regulations and  
lower taxes, especially on returns to investment. The formation of  capital is 
jobs creation. 
This approach is more Ronald Reagan than Huey Long. Adopting it would  show 
Obama's seriousness at a serious  moment.



I think the  editor is half-right.  I don't want tired liberalism pushing  
big-government spending, but neither do I want tired conservatism promising  
less government and taxes.   I want an  empirically sound approach  to 
restructuring:
-  regulation
- taxation,  AND
-  investment
to maximize entrepreneurship, productivity and wages.  


Alas, nobody (in either government or civil society, it seems) is  
seriously asking that question, much less providing a robust answer.


-- Ernie  P.
=

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