Marching Off the Cliff

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The Obamacrats misunderstand the economy.

Sep 13, 2010, Vol. 15, No. 48 • By MATTHEW CONTINETTI

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The real puzzle is that, despite all of the political and economic setbacks they have encountered over the last year and a half, for some reason the president and his party cling to their mistaken belief that the economy is an army. There is still time to embrace a different course, and last week’s report that the administration is considering a payroll tax holiday is an encouraging sign. For now, though, the Democrats just keep on marching. Right off the cliff.