In the absence of even mentioning tax reform in his State of the Union address, it may be presumptuous to assume a revenue-neutral AMT fix after 2007.
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The biggest economic danger of the next 50 years is the coming crisis in entitlement spending. The problem is the entire health care system is in crisis. The entire U.S. health care system needs to be overhauled. If not, it will literally bankrupt the federal government.
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There is no shortage of candidates for elimination. There is only the shortage of political will to make the difficult decisions.
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Medical research in the twentieth century mostly takes place in the lab; in the Renaissance, though, researchers went first and foremost to the library to see what the ancients had said.
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I can't do everything obviously although sometimes I know that all of us wish that we could.
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