Wednesday, January 04, 2012

In case you missed it ...

In case you missed it, here is a link to an op-ed I penned last week in the Omaha World Herald on the topic of the payroll tax cut legislation enacted at year-end. The article, "Circus of payroll tax cut business as usual for D.C." [Editor's version] was supposed to be entitled, "More Whiskey, Anyone?"

Even though some readers might think giving up coffee for whiskey sounds like a new year's resolution that they could keep, I suggest that Congress ought to put our financial house in order by cutting spending, rather than pandering with gifts to keep them in office. Note in particular the message that Obama unwittingly embraced by gathering responses from the people on returning the payroll tax to its former level: people reduce spending, giving, and investment when their taxes go up. I hope he remembers that lesson, but something tells me otherwise.

Here is the full article:


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