FROM Jeffrey Sachs
Are Higher Taxes the 'Price of Civilization?' Democrats, Republicans, Tea Partiers and Wall Street Occupiers all agree that America needs more jobs, but they don't agree on how to create them. Republican presidential candidates will stage another debate in Las Vegas tomorrow, with most calling for creating jobs by cutting taxes and regulations to free up the private sector. Today, President Obama began a three-day trip to early primary states, calling for a jobs bill to be paid for with higher taxes on the richest Americans. What about taxing the rich, or a national sales tax? Is government the problem or the solution?
Are Higher Taxes the 'Price of Civilization?' President Obama is campaigning in crucial states this week, demanding that Congress pass his jobs bill and increase taxes on the richest Americans. Potential Republican rivals, who will stage another debate in Las Vegas tomorrow, have jobs plans of their own, with most calling for creating jobs by cutting taxes and regulations to free up the private sector. But what if high unemployment is the "new normal?" Are both parties offering "gimmicks" that can't overcome structural weaknesses in the economy? Are they thinking too small? Has America lost the broad consensus that democracy requires? Is there a moral as well as an economic crisis?
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Trump's Russia ties intensify with Comey firing Acting FBI Director Andrew McCabe contradicted the Trump White House today, insisting the Bureau had not lost faith in former Director James Comey. He promised to notify the committee of any interference into investigation of the Trump campaign's contacts with Vladimir Putin's Russia. What do we know about those contacts… and how they relate to Trump's business interests and those of his family?