About the Author

James C. Capretta

James C. Capretta

New Atlantis Contributing Editor James C. Capretta is an expert on health care and entitlement policy, with years of experience in both the executive and legislative branches of government. E-mail: jcapretta@aei.org.


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James C. Capretta’s Latest New Atlantis Articles

 Health Care with a Conscience” (Fall 2008) 

 Health Care 2008: A Political Primer” (Spring 2008) 

 The Clipboard of the Future” (Winter 2008)

 

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Text Patterns - by Alan JacobsFuturisms - Critiquing the project to reengineer humanity

Wednesday, January 25, 2012

On the State of the Union Speech 

Over at National Review Online, I have a brief take on last night’s State of the Union speech. And at economics21, a lengthier response:

It was no real surprise that during last night’s state of the union address the president hit on the same populist themes he has been pounding since Labor Day, which essentially come down to this: the nation’s economic troubles — anemic job growth today, massive federal borrowing and debt accumulation, and stagnant wage growth for the middle class — can all be traced to public policies which deliver excessive economic gains to the rich at the expense of everyone else. In other words, if only the Republicans were willing to tax the rich, all would be well....

But what President Obama didn’t explain last evening — indeed, has never really explained — is how a tax hike on higher income households will help the struggling middle class. Because it’s not at all obvious it would.

You can read the whole column here.

posted by James C. Capretta | 2:19 pm
Tags: State of the Union
File As: Health Care