The liberal recipe of higher taxes and more government as a cure for economic distress sparks a vicious cycle of diminished employment, higher demand for services, lower tax revenues and consequent deficits. Which provides a feedback loop demanding yet more taxes. I call this the liberal vortex.The state of Michigan is creating a liberal vortex that is just now about to activate the feedback loop for more taxes. The Wall Street Journal's "Review and Outlook" column reports: ...the latest news of Michigan's deepening budget woe is a national warning of what happens when you raise taxes in a weak economy.Officials in Lansing reported this month that the state faces a revenue shortfall between $350 million and $550 million next budget year. This is a major embarrassment for Governor Jennifer Granholm, the second-term Democrat who shut down the state government last year until the Legislature approved Michigan's biggest tax hike in a generation. Her tax plan raised the state...(Read Full Post)