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07 Jan 2008 03:53 pm
Frum's Conservative Soul
Ross likes David's new book. I haven't read it, but the reviews suggest it has many proposals that seem eminently sensible to me. Frum explains:
My big concern at the moment is precisely that the radical rise in American economic inequality since 1980 - and the serious slowdown of midde-class income growth that has set in since 2000 - will tempt America to adopt quack economic ideas that will impoverish this country and do radical damage to the world economy.
...
My prescription for that - for raising middle-class incomes - involves universal (private-sector) health insurance, curtailment of unskilled immigration, greater subsidies to lower-middle-income saving, and tax reforms aimed at lightening the burden of the payroll tax rather than the income tax - and a bunch of other ideas that will alas cause my old colleagues at the Wall Street Journal editorial page to sputter and cough.
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