Prosperity in peril?

American prosperity could be jeopardized if presidential candidates move forward with plans to scrap the Bush tax cuts.

Stephen Moore of the Wall Street Journal editorial board made that case today during his presentation to the John Locke Foundation’s Shaftesbury Society.

• In this video clip, Moore discusses how the American discussion of tax increases bucks a worldwide trend.

9:20 p.m. update: Watch the entire speech here.