The true path to prosperity
Sen. Orrin Hatch (R-Utah) warned last week that the Children's Health Insurance Program may not be refunded "because we don't have money anymore."
The current tax proposal would also eliminate the state and local tax deduction, which would likely cause states to cut back spending, including education and infrastructure.
All of this would slow economic growth.
For years, Republicans have been selling tax cuts by lying that they spur economic growth, which trickles down to average Americans.
For just as long, Democrats have been selling fairness, but without explaining why a fairer economy is also more productive and prosperous.
It's time for Democrats to make the case. It has the virtue of being true.
(Robert Reich, a former U.S. Secretary of Labor, is professor of public policy at the University of California at Berkeley and the author of "Saving Capitalism: For the Many, Not the Few," now available in paperback. His film "Inequality for All" is available on Amazon, DVD and On Demand, and his documentary "Saving Capitalism" is now on Netflix. His daily blog is at www.facebook.com/RBReich/.)