The view from the edge of the cliff
In today’s WSJ, courtesy of Carnegie-Mellon economist Adam Lerrick.
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[...] is a Tax Tipping Point that I personally do not want to approach, but for the immigrants of the world when America hits [...]
The tipping point is coming. Obama will accelerate that process. The WSJ article is a good one.
Obama’s plans may just have a residual positive effect; fewer illegal aliens will want to come to the impoverished United States.