With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.
Socialist countries throughout the world love to lower retirement ages to make people prematurely dependent on the government. But we should move in the opposite direction. In the long run, indexing retirement to life expectancy will yield enormous revenues to the system, far more than a one-shot increase in the age in the current legislative cycle.
Nothing works on the campaign trail like attacks on candidates for bad attendance. It alienates people on both sides of every issue and reflects a callous disregard of the work of the people. The feeble argument that "I'm running for president" isn't much of a rebuttal: George W. Bush finds time to be president, and he's running too.
The last man to try to run for president advocating a tax increase was Walter Mondale. He lost 49 states in 1984, and the "I'll raise your taxes" reputation haunted him all the way to Minnesota last year, where he lost his 50th state in the Senate election.
The White House will run itself while the president is away. That's why he has to be sure not to be away too much.
The key to running a campaign on the cheap is to avoid spending money on anything other than projecting a message.
