Prof. Gingrich’s Faulty History Lesson

One of the strangest, and yet most predictable, comments about the passage of health care came from former House speaker Newt Gingrich. Gingrich told The Washington Post that Obama, by pushing for health care, "will have destroyed their party much as Lyndon Johnson shattered the Democratic Party for 40 years" by pushing through Great Society programs. ...

Fiscal Follies

Some people have ideas about how to change things in Washington. And some people like to give the appearance of having ideas about how to change things in Washington. For example, Reps. Mike Pence and Jeb Hensarling in Wednesday's Wall Street Journal laid out a plan for recapturing the political and moral high ground on spending and, by the way, saving the nation from impending fiscal collapse. Don't raise taxes. Simply enact a Constitutional amendment. "This amendment would limit spending to one-fifth of the economy (our historical spending average since World War II). The limit could only be waived by a declaration of war or by a two-thirds congressional vote." If spending were to come in at a level of 21 percent of GDP in a particular fiscal year, the Constitution would require Congress to reduce spending by 1 percent of GDP—about $150 billion or so based on 2009's figure. ...

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