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Taxpayers must pay the freight for over-budget train projects
Topic - Jeffrey Miron
Sen. Rand Paul is scheduled to speak Wednesday at Howard University in a high-profile visit that will test the tea party favorite's claim that his libertarian message can travel anywhere and help bolster the GOP's image on the national stage.
Democrats are united in their fiscal message. Throughout the "cliff" negotiations and again with the pending debt-ceiling debate, their argument has rested on a single, flimsy premise: Cutting government spending would push the economy into recession.
"But I think Paul can do better than, say, Romney, if he can present the free-market view as providing broad opportunity rather than as a system that protects the existing rich (crony capitalism)," Mr. Miron said in an email.
Jeffrey Miron, professor of the economics of libertarianism at Harvard University, said he would be "surprised if Paul, or other Republicans, make large inroads."