Yglesias

Some Predictions

CREDIT:

I endorse the following propositions:

  1. At the end of Barack Obama’s administration, like at the end of Bill Clinton’s administration but unlike at the end of George W. Bush’s administration, the top marginal income tax rate will be higher than it was at the beginning.
  2. At the end of Barack Obama’s administration, like at the end of Bill Clinton’s but unlike at the end of George W. Bush’s administration, median income will be higher than it was at the beginning.
  3. At the end of Barack Obama’s administration, conservatives will still be obsessed with reducing the income tax burden on the wealthiest Americans as the key to sound economic policy.

But maybe I’m wrong.