The tax on capital gains directly affects investment decisions the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital and thereby the strength and potential for growth in the economy.

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What does it say about a president's policies when he has to use a cartoon character rather than real people to justify his record? What does it say about the fiction of old liberalism to insist that good jobs and good schools and good wages will result from policies that have failed us time and again?