Don’t you just love political cross dressing?
Last night on CNBC my old boss David Stockmanwas totally root-canalled as he called for higher taxes and lower spending.
Right on spending, but wrong on taxes.
Not even a mention of flat-tax reform. And he rejected business tax cuts.
Oh my gosh.
Then on the same show left-of-center Washington Post blogger Ezra Kleinagreed with me on the need to strengthen the economic power of business to invest and create jobs. Twice I called for a lower corporate tax rate and full cash expensing to unleash businesses large and small. Twice Ezra Klein agreed with me (though he favors more federal aid to state and local governments), and twice Dave Stockman disagreed with me.
If that makes Ezra a pro-growth Democrat, good for him. But Dave Stockman’s deficit obsession is not pro-growth.