By Jim Yardley
President Obama said during the Democratic Party primary debates that preceded the 2008 election that he would raise capital gains rates -- not because it would increase revenue, but because it was "fair." During his recent State of the Union speech, he used the word "fair" over and over again to justify his desire for more and more government control over outcomes.
"Fair" is one of those warm, fuzzy words that allows the listener to define it to his own personal taste -- and the definition changes from one specific case to another.
President Obama said during the Democratic Party primary debates that preceded the 2008 election that he would raise capital gains rates -- not because it would increase revenue, but because it was "fair." During his recent State of the Union speech, he used the word "fair" over and over again to justify his desire for more and more government control over outcomes.
"Fair" is one of those warm, fuzzy words that allows the listener to define it to his own personal taste -- and the definition changes from one specific case to another.
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