Capital Gains and Games

ok, I just hope very much that the influence of Warren Rudman, Pete Peterson, and the Concord Coalition prevails over that of Jack Kemp, Steve Forbes and Phil Gramm, because it seems clear to me that we need to take our fiscal medicine on both the spending and taxation sides (cut spending and raise taxes). It's going to take much more political responsibility, honesty and guts than we've seen from Washington so far. And hopefully educational efforts like the Fiscal Wake-up Tour and I.O.U.S.A. can change the political calculus somewhat and make fiscal responsibility less politically costly.