You Can't Cut Taxes And Balance The BudgetRudi Dornbusch
The sheer political genius of the 10 theses nailed to the door of the House of Representatives by Martin Luther Gingrich is its mix of cliche and radicalism: reckless tax cuts, merciless trimming of bloated government, and tax breaks ranging from allowances for legitimate children to lower capital-gains rates. Who cares whether the Contract With America can be fulfilled? The public wants change, he who shouts loudest gets the floor, and Newt Gingrich gets a chance to undo 60 years of U.S. public policy.
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