Wednesday, January 23, 2008

At least someone has something smart to add....

The Belmont Club: Death and taxes

Framing the debate as an issue of how much power government should have over the economy automatically transforms business issues into political ones. At every stage business must consider the redistributive effects of its efforts, its effect on the environment. In other words, managing a business and earning a livelihood become as much a political endeavor as an economic one.

The electorate will decide which approach they prefer: more government or less government, though its unclear whether, in the blizzard of talking points that now blankets the airwaves, the choice will be framed in clear and definite terms. More likely the choice will be embedded in the sloganeering, in the fine print of the political process. But it's an issue important to separate out and consider on its own. Otherwise some people may find that Change is what is left after taxes. And Hope is what you rely on to get to the next payday.

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