But….maybe not. The Center on Budget and Policy Priorities provides this handy chart demonstrating the difference between the recession of 1990 and the recession of 2001. Bottom line: the economy eventually got better both times! Once with tax increases and once with tax cuts. As the authors dryly put it, the lesson from this is not that tax increases are great for the economy, but that “weak recoveries eventually tend to improve, whether there are tax cuts, tax increases, or no tax changes at all.”
Tullio Saba/FlickrCoalition Politics: Trading Perfection For PermanenceThere's a reason why many of LBJ's Great Society programs have stood the test of time.
iStockTo Win in Rural Areas, Democrats Need to Tackle Market ConsolidationThe party is losing those voters by not going after agricultural monopolies.