European Left Does the Obvious? Lower Taxes, Increase Growth?

Amid the unrestrained deficits and the increasing bureaucratic regulation emerging from Washington, Hungary's minority Socialist government passed a crucial test when parliament approved key 2010 tax changes to help the country recover from its worst recession in almost two decades.

In addition, leftist German Chancellor Angela Merkel defended her plan to cut taxes despite the country's soaring budget deficit as she introduced her conservative alliance's manifesto.

Lower incomes taxes would "provide motivation" and encourage economic growth, Ms. Merkel told a conference of her party, the Christian Democratic Union, and its Bavarian sister party, the Christian Social Union.

"It would be wrong not to do what is right and necessary for growth, and so prevent ourselves emerging quickly from this crisis," Ms. Merkel stated.

The U.S. could take a hint, ironically from the European Socialist left, to increase growth and prosperity, and release the American people from bondage and regulation. If the economy is to grow it should be unfettered which even the Socialists realize.