Page 29 - William Simon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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machine of the government in the united states is pretty brittle, and if mistakes are made, and, clearly, we made a huge mistake when the taxes were double the size that we intended. people forget that, but it was true, but once it got put into law, and people began to take partisan positions, and republicans took everlasting credit for it, the deficit widened, and it became almost impossible to reassemble a coalition to undo the damage that had been done or the harm that might have occurred, and we did, you know, have several tax increases to close some of the gaps, but what i learn...

yuma now, finally that settled down and i think that is where it came to rest. but even that is a big problem. over that way just 60 miles on the other side of the california border we have a city called central and they compete regularly on our part to the two purchases. down on the border of mexico that i'm pointing out, we have a town called san louis, a pretty big town. they have people there and they were not too happy about that either and on and on. so even here in this little area, you find that when you start giving preferences to somebody, you open up a can of worms and you...

interest groups, and to go back to that, and they want to stand in the way of aggregate prosperity. and how do you codify this. raises a very difficult circumstance. the process could be perceived as being more of the spear. important point is an important distinction. the economics for any desire, the size of the policy, to achieve the outcomes, and the acquistion is the society can do. it can -- >> and that is one of the big hangups. >> one example which is relevant is in thinking about issues -- there is often a discussion around and attack policy that often devolves into class wa...

it up in front of my face. then on i realized that he knew certainly as much as i knew when i was a kid. you know? you remember how you had to really tell who was lying and who wasn't? that sort of thing. so because they had this kind of really sharp intelligence, i think parents can make enormous differences in what their -- how their children behave and learn in school. the photographs, huge boxes of them were sent to me some i knew that i wanted in the book, others were sent to me, and i just picked them out. and i picked them out suddenly when i knew probably what this guy was th...