Weak articulation of fiscal belief hurts Republicans

Failure to articulate core belief lost the Republican Party a presidential election last month and now disarms it on fiscal policy. Democrats, led by triumphant President Barack Obama, have turned the opposition party into a grotesque caricature: a political club committed first to welfare of the wealthy. In high-pressure negotiations over federal taxation and spending, Obama is widely seen as having proffered a “balanced” package of measures, which his Republican counterpart, House Speaker John Boehner, has rejected solely for increasing tax rates on rich Americans. To be sure, Republicans tend to dislike tax hikes on anyone; on this matter, indeed, some won’t compromise. But taxation is...

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