Guess who lampooned Soviet economics this week at the World Economic Forum in Davos, Switzerland: In the 20th century, the Soviet Union made the state’s role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost [the Soviet Union] dearly. Newt Gingrich? Rush Limbaugh? Try …
Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting …