By William Berkson. Ronald Reagan’s small-government crusade led directly to our current era of slow growth and massive income inequality. But his vision still dominates the political landscape. Why? History shows that sustained, equitable growth only happens during periods of strong government investment in both the commercial and social welfare spheres—what I call the “Investment State”. Its opposite is the…
Tag: Bill Clinton
Be ready for Comstock to use smear tactics against Wexton
By Rob Abbot: As the race between Jennifer Wexton and Barbara Comstock to represent Virginia’s 10th district in Congress heats up, we need to be ready for Comstock to revert to her usual vicious and false campaign tactics. To see her modus operandi clearly, you need look no farther than her last contest. Just last month, she faced a relative…
Win-win tax reform: Restoring fairness and spurring growth
By William Berkson: Tax reform is not a zero-sum game. Since Ronald Reagan lowered taxes in the 1980s, followed by George W. Bush in the early 2000s and Donald Trump last year, middle class income has stagnated despite productivity increases, and overall economic growth has been mediocre. Instead of lose-lose, we can have win-win, bolstering both fairness and economic growth…