Epstein Secrets

ated last November, running on the same economic policies. Although I am a die-hard liberal Democrat, please allow me to make this observation about the Republican Party, because I believe that a strong two-party system is better for the country, as it encourages and forces the other party to be more honest. This wee

because taxes are too low. US corporate taxes is the lowest in the industrialized world — corporate taxes are expected to raise just 1.3 percent of G.D.P. this year, about a third of what it was in the 1950s. American taxes (all levels) are 26.9% of the country's GDP in comparison to Canada 32.2%, Ger

r said earlier this year, "Congress is reaching a point where it will no longer be able to function at all. Over the past two years, some members of the Republican Party have ramped up the partisan wars on Capitol Hill. They are threatening to bring the legislative process to a standstill, with Republican activists n

.75 percent in 2050, according to an analysis by the Congressional Budget Office. By comparison, spending in this category has exceeded 8 percent of G.D.P. in every year since World War II. Spending for defense alone has not been lower than 3 percent of G.D.P. in any year during that period. Applying t

won't do it, perhaps Taxmageddon will. "To get anything done in the second term," another White House official said, "the President has to convince the Republican Party that obstructionism is a losing strategy." V Increasingly, hints of Obama's second-term vision are becoming evident on the campaign trail. On Jun

precipitate drop in government spending would equal an economic contraction of more than five hundred billion dollars, more than three per cent of G.D.P. The impact could send a fragile economy back into a recession. "It's two to three times bigger in negative terms than even the biggest year of the