American-Manifesto.com In Defense of American Exceptionalism

In the 12 trading days since Obama was elected the Dow has lost over 21%, the NASDAQ has lost 26% and the S&P 500 has lost 25%.  This is what happens when you elect someone who in a very bad economy pledges to:

raise business taxes
raise capital gains taxes
raise taxes on the wealthy
raise protectionist barriers
implement card [...]

To the surprise of no one the New York Times has editorialized again in favor of raising taxes on corporations.  They complain that a recent GAO report indicates that about two-thirds of all U.S. corporations generally don't pay corporate income taxes.

The ever-clueful editorial board has apparently never encountered the field of economics.  Here's the deal: corporations [...]