With the economy in bad shape and a huge number of Americans out of work, what regular people care about is jobs. And no matter how much the deficit hawks try to whip up deficit hysteria, very few people think that balancing the budget is the most important issue. The newest Penn, Schoen and Berland [...]

Recently, there has been some inside-the-beltway chatter about a value added tax. The policy reason behind it is basically that it could raise a lot of money. The foolish political logic behind it is that liberals won’t like it because it is very regressive, but in desperation, to increase revenue, they will somehow convince conservatives [...]