| The Tease ( @ 2004-03-14 09:14:00 |
Toward the end of his speech, [Barney] Frank uttered a sentence one can hardly imagine coming from the mouth of a 21st-century American politician. "Our problem today," he said, "is too little government."
His proposal is to tax some of the wealth the private sector is now producing so abundantly -- "a fairly small percentage," he said, without being specific -- "and use it to employ people on socially useful purposes."
As Frank acknowledged, this whole approach smacks "to some extent [of] the New Deal philosophy." And that is why no one, including the Democratic presidential candidate, is likely to endorse it wholesale.
Read the rest
His proposal is to tax some of the wealth the private sector is now producing so abundantly -- "a fairly small percentage," he said, without being specific -- "and use it to employ people on socially useful purposes."
As Frank acknowledged, this whole approach smacks "to some extent [of] the New Deal philosophy." And that is why no one, including the Democratic presidential candidate, is likely to endorse it wholesale.
Read the rest