Kimberly Strassel has a depressing, interesting article on the ascendancy of the liberals within the Democratic party:"Economic centrism? What's that? Even Mr. Clinton's wife disavowed his New Democratic legacy by trashing free trade and Nafta. Mr. Obama raised her bet, aligning himself with leftist trade populists. The Democratic leadership has held up deals with Colombia, Peru and South Korea. Big Labor is calling the shots, and Big Labor will suffer no new trade.
"Mr. Obama is hawking a tax policy that would take the nation back to the effective marginal tax rates of the Carter days. He wants to further tax income, payroll, capital gains, dividends and death. His philosophy is pure redistribution. Congressional Democrats voted for a budget that includes the largest tax hike in American history."
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