Tax reform critics insist the economy is “not good,” all evidence to the contrary notwithstanding. Pity their predicament. Lauding the economy means crediting the policy driving it — lower taxes — and the politics that produced it, in particular President Trump. Finding neither palatable, a flaw must be produced; yet in creating one, critics must ignore their own recent argument and facts about America's labor force.
Perhaps the stock market has been over-bought and recent reverses represent a compressed correction. However, it is unquestionably overwrought with self-contradictory concerns that would interpret success as failure. Here, tax reform critics' fingerprints appear prominently.
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