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Jimmy Carter vs. Inflation
COVER STORY He promises budget cuts and credit curbs, but more is needed As Jimmy Carter stepped before the television cameras in the East Room of the White House last Friday, his task was not just to proclaim another new anti-inflation program but to calm a national alarm that had begun to ...
IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily ...
ibdeditorial.com — INVESTOR'S BUSINESS DAILY | Posted Wednesday, September 10, 2008 4:20 PM PT Jimmy Carter became our 39th president at the young age of 52. He was a one-term governor from Plains, Ga., where he managed the family peanut farm and taught Sunday school. ... (more) IBDeditorials.com: Editorials, Political Cartoons, ...
Moyar: 1976 Is Back
article.nationalreview.com — Understanding this election is peanuts. (more) Moyar: 1976 Is Back
Matt Lewis: In Perspective...
Matt Lewis: In Perspective...
townhall.com — Is it just me, or is the fact that Palin spent a lot of money on clothes getting as much -- or more -- attention than Joe Biden's "guarantee" that Obama will be "tested"? (more) Matt Lewis: In Perspective...
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Reprise: When Carter "spread the wealth"
Doug Ross @ Journal — ... . [image] [image] That's right. Carter's tax rates "spread the wealth" by confiscating 70% of any earnings over $203K. Seventy percent! That motivates a lot of folks to demand cash, hide income, cheat, operate in the black-market and/or not bother to work any harder. Even if you earned only $47K, Carter wanted half . Half! . As for the results? In 1980 Time magazine put it this way . ...inflation is not only a frightening economic problem but is rapidly becoming Carter's most dangerous political liability as well... In the past few weeks, however, a new side of ...

When Carter "spread the wealth"
THE ASTUTE BLOGGERS — ... tax rates when Jimmy Earl Carter served as "president" in '78. That's right. Carter's tax rates "spread the wealth" by confiscating 70% of any earnings over $203K. Seventy percent! That motivates a lot of folks to demand cash, hide income, cheat, operate in the black-market and/or not bother to work any harder. Even if you earned only $47K, Carter wanted half. Half!. As for the results? In 1980 Time magazine put it this way. ...inflation is not only a frightening economic ...

Prescription for disaster: Obama promises tax hikes in the teeth of a recession
Doug Ross @ Journal — ... ? Carter's tax rates "spread the wealth" by confiscating 70% of all earnings over $203K . At a 70% confiscation rate, many were motivated to demand cash or barter, hide income, cheat or operate in the black-market. Some business owners closed up shop, deciding they'd had enough. Others stopped growing their business because of diminishing returns. Even if you earned only $47K, Carter wanted half. As for the results? In 1980 Time magazine put it this way . ...inflation is not only a frightening economic problem but is rapidly becoming Carter's most dangerous political ...

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