Tuesday, January 24, 2012
Posted by: Hugh Hewitt at 3:47 PM
I will be spared having to listen to the president's attack on investment tonight, and his promoting
the inane "Buffett rule," which serious economists agree would raise a negligible amount of revenue relative to our deficit and debt while punishing investment which is necessary to grow the economy to fix those massive fiscal holes. Capital will simply leave the U.S. if we tax the return on investment income at greater rates than other countries do, but the president is in full campaign mode so we will get lots of populist nonsense tonight.
What the president ought to be doing is encouraging entrepreneurs, so I have scheduled an "new entrepreneurs' hour" for today's third hour, featuring the co-founder of
LocalVox.com. the owner of
SensativeSweets.com and the man who started
UpAndRunningAgain.com --three stars who are creating jobs, income and opportunity for themselves and others without any government assistance whatsoever.
.