Acton Institute Powerblog Archives

Post Tagged 'Steve Rooney'

Class Warfare Not the American Solution to Budget Deficit

Two weeks ago, President Obama ventured courageously into the debt crisis debate with soak-the-rich proposals aimed at the usual suspects—“oil companies,” “hedge fund managers,” “millionaires and billionaires,”—and a new enemy, “corporate jet owners.” That phrase may have tested well with focus groups, but economists and pundits weren’t duped. Continue Reading...