Oct 15, 2008

I picked the wrong week to quit cutting taxes

The world has changed a lot in the last month, so let me back off my appeal to the candidates to break their tax-cutting promises. This is not the time to think about long-term fiscal responsibility. That must wait until we are out of the recession.

However, I hope there will be many years of Obama presidency after we are out of the recession, and I hope Obama will have the wisdom to break his promise then, and the charisma to convince the American people not to hate him for that broken promise.

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