John Tamny, RealClearMarkets
Seeking to boost the economy, House minority leader John Boehner wrote in a recent op-ed for USA Today that our nation’s fix lies in “fast-acting tax relief that lets families, small businesses, home-buyers and job-seekers keep more of what they earn.” President Barack Obama has decried the GOP’s tax-cutting ways, recently arguing that “We can’t rely on a losing formula that offers only tax cuts as the answer to all our problems.”
The distance between the two major political parties raises the question as to which side is right. What’s odd in this strange economic environment is that both Boehner and Obama are seemingly missing the point.
