Taxes on capital, taxes on labor, inflation, bureaucratic regulation, minimum wage laws, are all - to different degrees - unnecessary slices of the wedge that stand between an individual's effort and reward for that effort.
Jack KempThe real problem is deflation. That is the opposite of inflation but equally serious to the borrower.
Jack KempPro football gave me a good sense of perspective to enter politics: I'd already been booed, cheered, cut, sold, traded and hung in effigy.
Jack Kemp