My gripe about this teensy memo is that 4.1 is couched in terms of being a structural goal requiring supply-side improvements in the tax code, rather than something accessible with fiscal policy. Not coincidentally, Kerry has no fiscal policy and is mouthing anti-deficit rhetoric.
I really don't look forward to spending the rest of what passes for my professional life doing shovel-duty behind the Clinton/Rubin circus elephants in the DP parade.
Max, Clinton brought the federal budget into surplus, and unemployment hit a generation low. Doesn't that make it harder to argue that the two goals are incompatible?
Doug