Talking to friends last night about the presidential campaign over dinner. I noticed strange looks from the neighboring table as we spoke. This is Orange County, California, a Republican stronghold. At our table, we had no trouble agreeing that Obama has done a good job, given his inheritance of thirty years of failed trickle-down economics. What a burden to have to carry! We also agreed on incredulity that, for all their anti-tax and reduce-the-deficit banner waving, so many Americans seem prepared to vote against both their own economic interest and, eventually, reasonable expectations of debt reduction. The Rand budget's proposals, as I understand them, fail on both counts.
Please let me know what you think.
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